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DJIA Futures Extend Gains by Over 260 pts; Europe Stocks Rise Broadly in Early Trade; UK, Spain Indices Hit Record Highs; S Korea Stocks Surge Nearly 18%, Biggest Single-day Gain on Record
2026-07-31 18:13:40
Following a new round of US airstrikes on Iran, Iran said it had launched attacks on US assets and military bases in Kuwait and Bahrain. International oil prices held firm with slight gains. Futures for the three major US stock indices continued to rise, with DJIA futures up 263 pts or 0.5%, while S&P 500 futures and Nasdaq futures gained 0.47% and 1.12%, respectively.

The Bank of Japan and the Bank of England both kept benchmark interest rates unchanged, in line with expectations. Major European stock markets opened broadly higher on Friday (31 Jul). The STOXX Europe 600 Index rose 0.6% to 653.97, after hitting a record intraday high of 656.67. The UK's FTSE 100 Index gained 0.5% to 10,952, having earlier risen 0.8% to a record intraday high of 10,989. France's CAC 40 climbed 0.8%. Germany's DAX advanced 0.7%. Italy's FTSE MIB Index rose 1% to 52,622. Spain's IBEX 35 Index added 0.8% to 19,913, after reaching a record intraday high of 19,948.

UNIVERSAL MUSIC GROUP plunged more than 23% to a 52-week low. Its EBITDA for the previous quarter edged down 0.3% YoY, while subscription revenue rose 16.6% YoY to EUR1.37 billion, missing market expectations for a 19% increase.

Driven by a sharp rally in hard tech stocks, major Asia-Pacific equity markets generally advanced today. China's three major A-share indices closed up between 0.7% and 3.1%. Hong Kong stocks closed up 25 pts or 0.1% at 25,884. Taiwan stocks closed up 8%, the Nikkei rose 4% for the day, while South Korea's Kospi surged 17.9%, marking the biggest single-day gain on record. Singapore stocks closed down 0.8%. (da/)~

AASTOCKS Financial News
Website: www.aastocks.com

This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.