US Stocks: US market edges lower ahead of Fed decision; chip stocks wobble
- Posted on July 29, 2026
- By Business News Today
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- 1 min read
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US Stocks: US market edges lower ahead of Fed decision; chip stocks wobble
Major stock indexes on Wall Street opened lower on Wednesday. Investors awaited the Federal Reserve's monetary policy decision amid Middle East tensions. Chip stocks also faced pressure ahead of Big Tech earnings later this week. The Dow Jones Industrial Average fell 73.1 points at the open. The S&P 500 and Nasdaq Composite also saw declines.
