
Investors are watching two major events this week: the Federal Reserve’s July 29 policy decision and earnings from Amazon, Meta, Microsoft, Apple, and Qualcomm. The Fed is expected to keep interest rates unchanged at 3.5%–3.75%, though rising oil prices could strengthen expectations of a later rate hike. Meanwhile, strong earnings may not be enough to lift stocks, as investors remain focused on AI spending and profitability. Recent results from Intel showed that even earnings beats can trigger selloffs if expectations are too high.
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