Wall St opens lower ahead of Fed decision; chip stocks wobble
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Futures-options traders work on the floor at the New York Stock Exchange's NYSE American (AMEX) in New York City, U.S. July 28, 2026. REUTERS/Brendan McDermid
July 29 (Reuters) - Wall Street's main stock indexes opened lower on Wednesday 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%, at the open to 52674.21. The S&P 500 fell 10.6 points, or 0.14%, at the open to 7418.16, while the Nasdaq Composite dropped 13.4 points, or 0.05%, to 24863.48 at the opening bell.
(Reporting by Johann M Cherian in Bengaluru; Editing by Maju Samuel)
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