Daily Market Report – July 28, 2026
Markets The S&P 500 (SPX) closed 0.36 percent higher at 7,440 points despite the sell-off in semiconductor stocks. In contrast, the Nasdaq 100 (NDX) lost 0.60 percent to 27,871 points. The Dow Jones (DJI) rose by 1.08 percent to 52,775 points, reflecting the shift towards less technology-dependent stocks. In Europe, the DAX (DAX) gained 0.41 percent to 25,464 points. Under pressure from the Asian chip sector, the Nikkei 225 (NI225) plummeted by 3.95 percent to 62,365 points. New diplomatic signals in the conflict with Iran lowered Brent crude oil (UKOIL) by 5.09 percent to $83.86 per barrel. Company Chinese advancements in semiconductor manufacturing pushed SK Hynix (000660) down by 14.65 percent. Samsung Electronics (005930) fell by 13.39 percent in the same sector sell-off. Doubts about investments in artificial intelligence caused Micron Technology (MU) to decline by 7.80 percent. Applied Materials (AMAT) dropped by 6.44 percent, while Lam Research (LRCX) lost 5.99 percent.
SpaceX (SPCX) recovered after reports of a temporary decline of 20 percent below the offering price. However, before the end of a lock-up period, the stock remained under pressure. In the course of the reevaluation of AI stocks, Palantir (PLTR) lost 6.38 percent. Advanced Micro Devices (AMD) fell by 5.92 percent, and GE Vernova (GEV) dropped by 5.57 percent.
Apple (AAPL) reportedly surpassed a market valuation of $5 trillion for the first time. Investors appreciated the company's reduced dependence on high AI investments. Boeing (BA) rose by 5.25 percent despite an unexpectedly high loss due to additional costs for the presidential aircraft. Booking (BKNG) gained 6.05 percent, and Accenture (ACN) increased by 5.60 percent.
Macroeconomics According to the Fed, the two-day FOMC meeting began on Tuesday. Its interest rate decision on July 29 is crucial for the reassessment of the monetary policy path. The White House held discussions with the presidents of Ukraine and Israel regarding air defense, Iran, and possible diplomatic steps. This influenced the risk premiums in the energy market. The speaking engagements listed in the calendar of the Fed remained significant for the communication of the monetary policy course ahead of the interest rate decision.
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*Created on 07/28/2026 / 15:32 (ET)*