Market Notes

Chips Crack, Staples Rally: A Market Torn in Two Ahead of the Fed

· 4 min read · by Sarah Mitchell, Nova Ventures Research

Stocks split at midday: the Dow rallies on earnings beats from Boeing, Sherwin-Williams, and Coca-Cola while a 6% semiconductor rout drags the Nasdaq lower. Breadth stays healthy as traders brace for Wednesday's Fed decision and a Big Tech earnings wave.

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