Oil Rises After US Intercepts Iranian Attack; Tech Earnings Loom
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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 uncertainty in the market.
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“US equity futures waver ahead of more tech earnings and a rate decision from the Federal Reserve.”
Bloomberg — Oil Rises after Iranian Attacks; Big Tech Earnings; Fed Decision | Bloomberg Brief 07/29/2026