Fed Hike Watch Amid Tech & Oil Volatility | US News

Markets are jittery as tech earnings and oil prices collide—S&P 500 edges up, Dow gains, Nasdaq dips, amid Fed rate hike speculation fueled by AI spending and $100 oil. Tesla and Alphabet’s AI-heavy reports sparked concern, while oil dipped slightly after Trump hinted at Iran talks—but warned strikes could resume. China’s CXMT Corp makes a splash with a strong market debut, and reports confirm Beijing’s push to build its own advanced chip tools, shaking up U.S. semiconductor dominance. All eyes now on the Fed’s Wednesday decision—rates may stay put or jump by a quarter-point—with the PCE index looming as the next big clue for 2024’s rate path. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/be53187078945518