#SgMarketUpdate
Singapore stocks fall, bucking regional trend; STI down 0.8%

Singapore stocks ended lower on Friday (Jul 31), even as key regional indices ended higher.

The benchmark Straits Times Index (STI) lost 0.8 per cent or 45.08 points to finish at 5,628.50.

DFI Retail Group : D01 +5.61% led the gainers on Singapore’s blue-chip index, rising 5.6 per cent or US$0.21 to US$3.95.


The worst performer among STI constituents was ST Engineering : S63 -5.44%, which fell 5.4 per cent or S$0.58 to S$10.08.

The three local banks ended mixed on Friday. OCBC : O39 +0.1% rose 0.1 per cent or S$0.03 to S$29.13, while DBS : D05 -1.11% fell 1.1 per cent or S$0.83 to S$74.02 and UOB : U11 -1.09% ended 1.1 per cent or S$0.48 lower at S$43.40...

Across the broader market, gainers outnumbered losers 306 to 242, after 1.2 billion securities worth S$2.6 billion changed hands.

Elsewhere in the region, Hong Kong’s Hang Seng Index gained 0.1 per cent, Japan’s Nikkei 225 rose 4 per cent, South Korea’s Kospi was up 17.9 per cent and the FTSE Bursa Malaysia KLCI advanced 0.3 per cent...

https://www.businesstimes.com.sg/companies-markets/singapore-stocks-fall-bucking-regional-trend-sti-down-0-8

Daily Debrief: What Happened Today (Jul 31)
https://www.businesstimes.com.sg/singapore/daily-debrief-what-happened-today-jul-312

Evening Update: Today’s headlines from The Straits Times on July 31, 2026

https://str.sg/qCdE

Stocks making big moves premarket: Replimune, Chevron, Apple, Amazon, Moderna

https://www.cnbc.com/2026/07/31/stocks-making-the-biggest-moves-premarket-repl-cvx-aapl-amzn-mrna.html?__source=androidappshare

Tim Cook's last dance, IPO avoidance and more: Morning Squawk

https://www.cnbc.com/2026/07/31/5-things-to-know-before-the-stock-market-opens.html?__source=androidappshare

#USMarketUpdate
S&P 500 closes higher Friday as Amazon surges; Dow posts fourth straight winning month:
Live updates

The major averages were markedly higher Friday, the last trading session in July, as investors looked past rising bond yields and Amazon shares jumped.

The Nasdaq Composite rose 1% to end at 25,373.85, while the S&P 500 added 0.7% to close at 7,489.72. The Dow Jones Industrial Average gained 276.97 points, or 0.53%, to 52,485.03.

The 30-year Treasury bond yield spiked to its highest levels since 2007 this week. It was last up about 4 basis points on the day at 5.25%.
The benchmark 10-year Treasury note yield topped 4.7% on the day, its highest level since January 2025.

The moves come as investors lost faith in Federal Reserve Chairman Kevin Warsh’s commitment to curb inflation, leading yields to jump. While Warsh indicated he is committed to the inflation fight, he did say this week, “We’ve got no magic wand.”


https://www.cnbc.com/2026/07/30/stock-market-today-live-updates.html?__source=androidappshare

Trump administration adds 6 chipmakers to the government's stock portfolio, which now spans 30 companies
https://finance.yahoo.com/markets/article/trump-administration-adds-6-chipmakers-to-the-governments-stock-portfolio-which-now-spans-30-companies-140535555.html

Amazon's surging cloud business is growing at a breakneck pace:

#Chart of the day

https://finance.yahoo.com/technology/article/amazons-surging-cloud-business-is-growing-at-a-breakneck-pace-chart-133005998.html

Apple stock falls on weak revenue forecast as CEO Tim Cook flags 'increasing impact' from memory shortage
https://finance.yahoo.com/technology/article/apple-stock-falls-on-weak-revenue-forecast-as-ceo-tim-cook-flags-increasing-impact-from-memory-shortage-130428410.html


#QuarterChart
https://vt.tiktok.com/ZS4r8L6RD/

Apple CEO Tim Cook says this '100-year flood' won't be receding anytime soon
https://finance.yahoo.com/technology/article/apple-ceo-tim-cook-says-this-100-year-flood-wont-be-receding-anytime-soon-121832016.html

Here's why the 3 dissenters on the Fed wanted to raise interest rates
https://finance.yahoo.com/economy/policy/article/heres-why-the-3-dissenters-on-the-fed-wanted-to-raise-interest-rates-120000342.html

Chevron earnings beat forecast as refining margins soar, rival Exxon misses estimates
https://finance.yahoo.com/markets/stocks/article/chevron-earnings-beat-forecast-as-refining-margins-soar-rival-exxon-misses-estimates-114618174.html

Coinbase stock sinks as weak crypto market leads to another quarterly loss
https://finance.yahoo.com/markets/crypto/article/coinbase-stock-sinks-as-weak-crypto-market-leads-to-another-quarterly-loss-113236213.html

Apple is growing without the AI spending spree engulfing Big Tech: #Chart of the Day
https://finance.yahoo.com/markets/article/apple-is-growing-without-the-ai-spending-spree-engulfing-big-tech-chart-of-the-day-100000942.html

The AI spending boom is forcing a rethink on stock buybacks: One Big Investment Idea
https://finance.yahoo.com/markets/article/the-ai-spending-boom-is-forcing-a-rethink-on-stock-buybacks-one-big-investment-idea-100000480.html

#USMarketUpdate
Stock market today: Dow, S&P 500, Nasdaq rise to cap volatile July as Big Tech AI spending ramps up

Live updates

US stocks capped a volatile month on Friday, after the 10-year Treasury yield (^TNX) jumped to its highest level since January 2025 and Big Tech giants reported continued investments in artificial intelligence.

The tech-heavy Nasdaq Composite (^IXIC) rose roughly 1%. The Dow Jones Industrial Average (^DJI) rose 0.5%, while the S&P 500 (^GSPC) also added 0.7%.

All three major averages posted gains for the week, and the Dow also recorded a 0.7% gain for the month of July.

Stocks wavered earlier in the trading day as investors sold 10-year Treasurys, pushing the 10-year yield (^TNX) to 4.73%, its highest in over a year, as investors continued to assess the Fed's decision to hold rates steady with a lack of forward guidance.

Amazon (AMZN) stock jumped 15% after the e-commerce giant's earnings beat expectations and its chip business expanded. Apple (AAPL) stock fell 7%, as the iPhone maker's Services and China revenue came up short. The results followed Microsoft's (MSFT) historic 15% stock rally on Thursday.

The latest quarterly results from the "Magnificent Seven" companies showed that Big Tech continues to invest in AI, reassuring tech investors who had grown fearful of a slowdown in AI and higher interest rates. The four hyperscalers (Amazon, Microsoft, Meta (META), and Alphabet) forecast spending $720 billion to $745 billion cumulatively on capital projects in 2026.

Oil prices turned higher as traffic in the Strait of Hormuz began to falter following a recent reescalation in hostilities. US benchmark WTI crude futures (CL=F) last traded at around $85 per barrel, and global benchmark Brent (BZ=F) futures rose to $90 per barrel.

Higher energy and gas prices have weighed on consumers' budgets, contributing to depressed sentiment. However, the latest check on how Americans are feeling from the University of Michigan showed a broad pickup in sentiment.

https://finance.yahoo.com/markets/live/stock-market-today-friday-july-31-dow-sp-500-nasdaq-081227738.html

#USMarketUpdate
Wall Street ends higher as Amazon soothes AI jitters | Reuters

SUMMARY
Amazon jumps as AWS growth soothes fears over rising AI spendingApple slides as supply snags cloud outlookS&P 500 quarterly earnings expected to jump 48%S&P 500 +0.70%, Nasdaq +1%, Dow +0.53%
July 31 (Reuters) - Wall Street ended higher on Friday, lifted by Amazon as the tech heavyweight's strong ​quarterly report bolstered investor confidence in AI-related stocks, while Apple dropped after its results disappointed investors.

Amazon.com (AMZN.O), opens new tab surged over 15% after posting ‌its biggest quarterly revenue growth in over four years. Its results, along with a similar report from Microsoft (MSFT.O), opens new tab on Wednesday, alleviated investor concerns about potential overspending on AI data centers.

Worries that heavy investments in AI infrastructure may be taking too long to pay off rattled global markets this month and led to doubts about companies at the center of Wall Street's rally in recent years.

The ⁠PHLX chip index (.SOX), opens new tab edged up 0.07%, and it remains down over 20% from its June 22 record high close.

Apple (AAPL.O), opens new tab tumbled 7.4% after warning that supply constraints ​would hurt growth, adding to worries that recent iPhone price hikes would weaken consumer demand.

Apple's slump kept the S&P 500 technology index (.SPLRCT), opens new tab down 0.54%, despite ​gains in other tech stocks.

Microsoft rose 3%, adding to gains after surging over 15% on Thursday in its biggest one-day percentage gain since 2008 after it forecast stronger-than-expected cloud growth.

Monolithic Power Systems (MPWR.O), opens new tab rose over 8% after forecasting third-quarter revenue above estimates.

The S&P 500 climbed 0.70% to end the session at 7,489.72 points. Even as the S&P 500 rose, ​declining stocks outnumbered rising ones (.AD.SPX), opens new tab by a 1.3-to-one ratio.

The Nasdaq gained 1% to 25,373.85 points, while the Dow Jones Industrial Average rose 0.53% to ​52,485.03 points.

Volume on U.S. exchanges was heavy, with 20.6 billion shares traded, compared to an average of 17.1 billion shares over the previous 20 sessions.

For the week, the ‌S&P 500 ⁠rose 1.05% and the Nasdaq added 1.59%.

The S&P 500 ended July about flat from June, while the Nasdaq fell 3.2%. Both indexes are up about 9% in 2026.

Analysts on average expect S&P 500 aggregate second-quarter earnings to soar 48% from a year ago, with AI-related stocks accounting for much of that growth, according to LSEG I/B/E/S.

Strong earnings forecasts and a recent decline in share prices have left the S&P 500 trading at about 20 times ​expected earnings, just above its 10-year ​average of 19 times, according to ⁠LSEG data.

The S&P 500 equal-weighted index (.EWGSPC), opens new tab logged its fourth straight month of gains, thanks to its limited exposure to heavyweight AI-related stocks that have underperformed for much of that time.

Three Federal Reserve officials who dissented at the ​Fed's policy meeting this week in favor of an interest rate hike called on Friday for immediate action ​to bring inflation down ⁠to the U.S. central bank's 2% target.

The 2-year U.S. Treasury yield, which typically moves in step with interest rate expectations for the Fed, rose 5.4 basis points to 4.28% but is down slightly for the week.

Markets are pricing in a 65% chance of a rate hike at the Fed's September meeting, according ⁠to CME FedWatch, opens new tab, ​down from 82% a week ago but up slightly from 63% on Thursday.

https://www.reuters.com/business/nasdaq-100-leads-us-futures-higher-amazon-surge-offsets-apple-decline-2026-07-31/

Wall Street ends higher as Amazon soothes AI jitters
https://www.straitstimes.com/business/companies-markets/wall-street-ends-higher-as-amazon-soothes-ai-jitters

While You Were Sleeping: 5 stories you might have missed, Aug 1, 2026
https://www.straitstimes.com/world/while-you-were-sleeping-5-stories-you-might-have-missed-aug-1-2026

As traffic in Strait of Hormuz drops, Trump says he doesn't know when US can loosen Iran's grip
https://finance.yahoo.com/markets/article/as-traffic-in-strait-of-hormuz-drops-trump-says-he-doesnt-know-when-us-can-loosen-irans-grip-195408059.html