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Dow Jones rises at start of big earnings week, Microsoft drags Nasdaq

The S&P 500 was up 5.49 points, or 0.14%, at 3,967.12, while the Nasdaq Composite was down 26.93 points, or 0.23%, at 11,807.19

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File Photo: Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US (Photo: Reuters)

3 min read Last Updated : Jul 25 2022 | 8:29 PM IST

The Dow rose on Monday as investors braced for a Federal Reserve meeting during the week and earnings from some of the biggest companies to gauge the impact of a strong dollar and soaring inflation, while the Nasdaq dipped on declines in Microsoft.

Apple Inc, Amazon.com Inc, Alphabet Inc, Microsoft Corp and Meta Platforms Inc, which together account for $8.9 trillion in market capitalization, or a quarter of the benchmark index's weightage, are scheduled to post earnings this week.

"The really big part of earnings season is here. So with confidence coming back right now, it can also quickly dissipate

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Topics : Nasdaq Inflation Dow Jones Microsoft S&P 500 US Federal Reserve Dollar US economy US stocks

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