Dow Jones Top Markets Headlines at 1 PM ET: Stocks Fall on Mideast Escalation Ahead of Fed Rate Decision | Iran ...

Stocks Fall on Mideast Escalation Ahead of Fed Rate Decision

U.S. stocks are skidding as the Mideast war once again raises the risk of hotter-for-longer inflation, just as Fed governors are meeting to decide on interest rates.

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Iran Gambles on Escalation With Surprise Attack on U.S. Forces

The attack illustrates a shift in which Tehran has grown more comfortable with the war. Trump was quoted as saying the U.S. will hit Iran hard.

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Oil Jumps as Fresh Middle East Strikes Threaten Fragile Diplomacy

Brent and West Texas Intermediate crude futures surged more than 7% after a fresh round of fighting disrupted flows through two of the world's most critical oil-shipping routes.

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U.S. Crude Oil Stockpiles Fall More Than Expected

Commercial crude oil inventories fell by 7.2 million barrels to 404.5 million barrels in the week ended July 24, the EIA said. Crude stockpiles were expected to have fallen by 600,000 barrels, according to a Wall Street Journal survey of analysts.

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Irish Economy Returns to Growth, Boosting Eurozone Hopes

Ireland's GDP was 3.9% higher than in the first quarter of the year, recovering some ground after its economy contracted.

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What to Watch for at the Fed Meeting

Markets expect rates to stay on hold, but Fed Chairman Kevin Warsh's tight-lipped posture has made Wednesday's meeting harder to read.

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How China Went From Dream Customer to a Nightmare for Big Oil

The country's need for crude is much more flexible than the market thought.

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A Tired Tech Trade Looks Set to Sink the Stock Market

The stock market is doubting everything it once held true, and it has the potential to end the years of easy returns.

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Value Outperforms Growth This Year, Powered by…AI Stocks?

Early chip stock gains and a comeback in traditional value sectors are factors in Russell 1000 Value Index's outperformance over its growth counterpart.

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BOE Seen on Hold Through 2027 Despite Inflation Spike

The Bank of England is unlikely to raise its key interest rate this year or next, despite a sharp pickup in inflation over the second half of 2026, the National Institute of Economic and Social Research said.

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Trump Administration to End Medicare Drug Plan Subsidy

Program that held down premiums won't be renewed for 2027, resulting in higher costs for some seniors.

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Australia Inflation Cooled in Second Quarter

Australian consumer prices rose by less than expected in the second quarter, easing pressure on the Reserve Bank of Australia to deliver what would be its fourth rate increase this year at a policy meeting next month.

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The U.S. will import Mexican cattle again. Here's what that means for high beef prices.

The U.S. Agriculture Department will allow cattle imports from Mexico to resume beginning in late August, despite the threat of the New World screwworm.

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The Fed isn't your biggest worry. The central-bank decision that actually impacts your 401(k) lands in Tokyo.

Japan is edging toward the exit on buying America's debt. Here is why this matters to your retirement plans.

(END) Dow Jones Newswires

July 29, 2026 13:15 ET (17:15 GMT)