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From a Fed decision to Big Tech earnings: What drove last week's volatile market

Saturday, August 1, 2026


The S&P 500, Nasdaq, and Dow Jones Industrial Average all posted gains for the week. Federal Reserve Chair Jerome Powell announced interest rate decisions on Wednesday, followed by earnings reports from major technology companies including Microsoft, Apple, Google parent Alphabet, and Amazon.

Original reporting: https://www.cnbc.com/2026/08/01/from-a-fed-decision-to-big-tech-earnings-what-drove-last-weeks-volatile-market.html

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