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Nasdaq futures rally ahead of big week of earnings, Fed meeting: Live updates

Nasdaq futures are rallying as falling oil prices provide inflation relief ahead of a critical week of Fed meetings and mega-cap earnings.

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13840Jul 27 01:29Jul 27 05:29 UTC

The brief

Nasdaq futures and stocks are trending upward at the weekly open. This rally is supported by a rebound in semiconductors and a decline in oil prices, which have dropped 5%.

Coverage from CNBC and Reuters emphasizes that the oil slide is linked to reports that Iran may halt attacks if a U.S. pause holds. Briefing.com notes that the semiconductor recovery is helping steady the market prior to significant corporate reports.

Investors are now focusing on a scheduled Federal Reserve meeting and a heavy slate of mega-cap earnings reports.

Synthesized by Newsylist from the headlines below under a strict no-invention contract. ✓ fact-checked: all claims supported by sources Updated 1m ago.

Quick answers

Why are oil prices sliding?

According to CNBC, oil dropped 5% following reports that Iran signaled a halt to attacks if a U.S. pause holds.

What is driving the stock market stability?

Briefing.com reports that a rebound in semiconductors is steadying the market.

What major events are expected this week?

Coverage highlights a Federal Reserve meeting and a big week of mega-cap earnings.

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