Wall Street

Stock Market Today-7/28: Stocks Edge Lower Ahead Of GDP Data; Apple Earnings In Focus

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The Street

By Martin Baccardax GDP data will likely ignite another recession debate, while markets sift through a puzzling Fed rate hike and brace for crucial June quarter earnings from Apple after the close of trading. U.S. equity futures edged lower Thursday, following on from the strongest single-session gain for tech stocks in more than two years, as investors sift through details of the Federal Reserve’s back-to-back jumbo rate hikes and brace for a key reading of second quarter growth prior to the start of trading. Fed Chairman Jerome Powell repeated his commitment to fighting the fastest inflation…

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