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Wall Street shrugs off chip rout
Stocks mostly closed higher as falling oil prices, easing US-Iran tensions, and strong earnings overshadowed weakness in the chip trade.
Stocks mostly closed higher as falling oil prices, easing US-Iran tensions, and strong earnings overshadowed weakness in the chip trade.
Josh Lipton stock the market movers for Wednesday, July 29th, including the Federal Reserve's interest rate decision. After the closing bell, Microsoft (MSFT) and Meta (META) report second quarter earnings, with investors watching closely for signs that their massive AI investments are beginning to pay off.
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