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Wall Street Dips as Fed Rate Decision Looms

7/30/2025

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Summary

Story summary

Wall Street ended lower as investors awaited the Fed's interest rate decision, with the S&P 500 down 0.30% and the Dow losing 204.57 points.
Mixed corporate earnings were reported, with Boeing and UPS underperforming.
The Fed is likely to maintain rates at 4.25%-4.5%.
Australia expects soft CPI figures, forecasting inflation at 2.1% year-on-year, leaving the RBA's rate cut stance uncertain.

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Story summary

Wall Street ended lower as investors awaited the Fed's interest rate decision, with the S&P 500 down 0.30% and the Dow losing 204.57 points.
Mixed corporate earnings were reported, with Boeing and UPS underperforming.
The Fed is likely to maintain rates at 4.25%-4.5%.
Australia expects soft CPI figures, forecasting inflation at 2.1% year-on-year, leaving the RBA's rate cut stance uncertain.