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28.07.2026 02:44 PM
Wall Street under pressure as investor patience thins ahead of Fed meetingUS equities came under meaningful pressure as resilience to high inflation and tight rates faded. The lofty expectations priced into AI names are no longer sufficient to outweigh macro risks, leaving key tech gauges such as the Nasdaq 100 and the Philadelphia Semiconductor Index (SOX) at risk of finishing July with some of their weakest returns in recent years.
Traders are adopting extreme caution ahead of earnings from major tech
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