US stocks traded mixed on Tuesday morning as investors prepared for a week of Big Tech earnings, while gearing for the start of the Federal Reserve's July meeting. The Dow Jones Industrial Average risked breaking an 11-day winning streak. Alphabet and Microsoft are scheduled to report results after the closing bell, while Meta will follow on Wednesday.
Main Idea: US stocks were mixed as investors waited for the Federal Reserve’s policy decision and a wave of Big Tech earnings.
Key Points:
Groups & Affiliates:
A Fed rate hike can keep borrowing costs high for mortgages, car loans, credit cards, and small business loans.
A final hike could help cool inflation and make future prices more stable for households.
Rate how each entity in this article affected the American people.
Central policy actor beginning its July meeting and expected to decide on interest rates.
The Fed committee directly determining the path of interest rates in the article.
One of the major companies scheduled to report earnings and a key driver of market attention.
The article discusses these named companies together as a central group.
Major company set to report earnings on Wednesday and part of the Big Tech earnings focus.
Major company scheduled to report earnings after the close and central to the week’s market focus.
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