Wall St opens lower ahead of Fed decision; chip stocks wobble

Wall St opens lower ahead of Fed decision; chip stocks wobble

July 29, 2026 / Liam Redmond /


Published Wed, Jul 29, 2026 · 09:46 PM

[NEW YORK] Wall Street’s main stock indexes opened lower on Wednesday (Jul 29) as investors awaited the Federal Reserve’s monetary policy verdict against a backdrop of simmering Middle East tensions, while chip stocks struggled ahead of Big Tech earnings later this week.

The Dow Jones Industrial Average fell 73.1 points, or 0.14 per cent, at the open to 52,674.21.

The S&P 500 fell 10.6 points, or 0.14 per cent, at the open to 7,418.16​, while the Nasdaq Composite dropped 13.4 points, or 0.05 per cent, to 24,863.48 at the opening bell. REUTERS



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Liam Redmond

As an editor at Forbes Europe, I specialize in exploring business innovations and entrepreneurial success stories. My passion lies in delivering impactful content that resonates with readers and sparks meaningful conversations.

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