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S&P 500 and Dow ended lower Wednesday after the Federal Reserve raised rates and signaled another hike this year amid inflationary pressures. Futures were slightly higher as investors digested the first rate-hike since 2023, with INTC, GOOGL, AAPL, SKHY and UAL in focus.
The S&P 500 edged higher on Tuesday as investors rotated into old-economy sectors while semiconductor stocks remained under pressure. Now, Polymarket traders are betting the benchmark index will build on those gains at Wednesday’s open. The S&P 500 closed 0.21% higher at 7,428.78, after opening at 7,395.55. The July 29