30 July 2026 at 3:30 am
Summary
US stocks closed sharply down after the Federal Reserve maintained interest rates, with AI-related chip stocks also experiencing losses ahead of key earnings reports. Investors are concerned about AI spending sustainability and competition from China, while anticipating potential future rate hikes due to inflation.
US Stock Market Declines Ahead of Federal Reserve Decision; Chip Stocks Under Pressure
30 Jul 2026, 3:34 am · Finance
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