Stock market news for July 28, 2026

Stock market news for July 28, 2026

Traders work on the New York Stock Exchange on June 3, 2026. NYSE The Dow Jones Industrial Average rallied on Tuesday, buoyed by robust earnings, falling oil costs and a rotation out of semiconductors into different components of the market. The Dow climbed 537.24 factors, or 1.03%, to 52,747.32. The blue-chip index posted a 3rd…

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Australia central bank hikes rates to a near 1-year high as Iran war raises inflation risks

Australia central bank hikes rates to a near 1-year high as Iran war raises inflation risks

Michele Bullock, governor of the Reserve Bank of Australia (RBA), speaks throughout a press convention in Sydney, Australia, on Tuesday, July 8, 2025. Bloomberg | Bloomberg | Getty Images Australia’s central bank on Tuesday raised benchmark coverage rates for a second straight time, pushing them to their highest since April 2025 at 4.1%, amid sticky…

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