Stock market news today: S&P 500, Nasdaq edge up in wait for key earnings, Fed meeting kickoff

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Nasdaq Composite Nouvelles

Federal Reserve,Microsoft,Investors

A packed day of earnings and the start of the Fed's July meeting continue a potentially pivotal week for stocks.

Stocks are in the midst of a potentially pivotal week featuring the Fed's decision, the July jobs report, and results from four of the "Magnificent Seven" megacaps. All will be crucial for investors wondering whether the recent stock pullback is over, as they weigh high expectations for interest-rate cuts against concerns that Big Techs have lost their mojo.Wall Street is watching closely for any sign that massive AI investments are starting to pay off.

On Monday, a 17-year-old male entered a Taylor Swift-themed dance and yoga class and carried out a "ferocious" attack, killing two children and injuring nine more. The pop superstar broke her silence over the deadly knife attack in a statement on her Instagram Stories on Tuesday. "The horror of yesterday's attack in Southport is washing over me continuously, and I'm just completely in shock.

The utility said in April it expects higher commercial load, which is the amount of power used by customers at a given point, over the next several years as the growth of artificial intelligence and other technologies boost the need for additional data storage and processing.

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