From Investing.com: 2024-07-30 13:43:05

The S&P 500 fell on Tuesday, led by tech stocks, as the Federal Reserve started its two-day meeting while investors awaited more big tech earnings. At 13:41 ET, the Dow Jones rose 0.3%, the Nasdaq fell 0.7%, and the S&P 500 slumped 1.4%. The Fed meeting is expected to result in unchanged interest rates, but data showing inflation could lead to a September rate cut. Job openings decreased, but consumer confidence rose. Microsoft is set to report earnings, followed by Meta Platforms and Apple. JetBlue and PayPal saw stock increases, while Merck fell after cutting guidance. Pfizer rose after strong COVID vaccine sales.



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