- On July 28, US stock markets closed with mixed performance as funds shifted from high-valuation technology stocks to defensive consumer sectors ahead of Federal Reserve meetings and major corporate earnings.
- The Dow Jones Industrial Average rose nearly 400 points supported by strong earnings from Coca-Cola, whereas the Nasdaq Composite dropped over 1% due to heavy sell-offs in the semiconductor sector.
- Apple's market capitalization briefly surpassed 5 trillion dollars, while investors maintained a cautious outlook on artificial intelligence capital expenditures and debt risks.
