Dow Soars Past 52,500 as Amazon Earnings Drive Industrial Rally

The Dow Jones Industrial Average closed at 52,485.03 on Friday, July 31, 2026, after rising 276.97 points or 0.53% from the previous day's close.

This marked a rebound from the earlier week's selloff triggered by the Federal Reserve's rate decision, which initially rattled Wall Street and sent the Dow plummeting to its worst single-session loss since April 2025.

However, a strong batch of second-quarter earnings from Microsoft and Amazon, particularly their aggressive artificial-intelligence infrastructure spending plans, helped semiconductor and hyperscaler-adjacent shares recover most of their losses over the next two sessions, setting the stage for Friday's broad-based advance.