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Oil Rises after Iranian Attacks; Big Tech Earnings; Fed Decision | Bloomberg Brief 07/29/2026
US equity futures waver ahead of more tech earnings and a rate decision from the Federal Reserve. Microsoft, Meta and Qualcomm are set to report after SK Hynix signaled a sharp increase in capital spending. Oil rallies after the US says it intercepted an Iranian attack on military bases, ending the pause in fighting. Priya Misra of JPMorgan Asset Management looks ahead to the Fed's decision. (Source: Bloomberg)
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