Crude oil prices jump again and US stocks slip ahead a decision from the Fed on interest rates

Posted: Jul 29, 2026 / 08:44 AM CDT Updated: Jul 29, 2026 / 08:51 AM CDT NEW YORK (AP) — Oil prices are back to jumping on Wednesday, while the U.S. stock market is holding relatively steady ahead of a Federal Reserve decision on what to do with interest rates. The S&P 500 slipped 0.1%. The Dow Jones Industrial Average was down 458 points, or 0.9%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was 0.1% higher.

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