US markets are splitting: the Dow Jones slides about 200 points while the S&P 500 and Nasdaq hold firm. The move tracks rising oil prices above $100 and climbing Treasury yields to around 4.39%, keeping investors on edge ahead of the Federal Reserve. Still, upbeat Big Tech earnings from Alphabet, Amazon, and Microsoft are offsetting the pressure.
US markets opened mixed as investors took a cautious stance ahead of major Big Tech earnings and the Federal Reserve’s upcoming decision. With Chair Jerome Powell’s meeting possibly his last, traders are watching every signal for direction. The Dow edged higher, while the S&P 500 and Nasdaq slipped slightly at the start of trading.
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