U.S. Stock Market Opens Higher, Amazon Soars Over 11%

BlockBeats News, July 31st, according to BIT (bit.com) market data, the U.S. stock market opened with the three major indices trading higher. The Dow Jones rose 0.5%, the S&P 500 Index rose 0.5%, and the Nasdaq rose 0.8%. Apple (AAPL.O) fell by 8% as its Q4 revenue guidance fell short of expectations. Amazon (AMZN.O) surged over 11% as its Q2 cloud business growth rate reached a four-year high.