Nasdaq Dips 0.14% as Tech Giants Feel Fed's Rate Pressure

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Nasdaq Dips 0.14% as Tech Giants Feel Fed's Rate Pressure

The Nasdaq took a little dip of 0.14% as July said its goodbyes, with tech giants like Netflix and Apple feeling the pinch. The Fed's interest rate moves made investors a bit jumpy, while Amazon soared on its AI cloud success. With rising oil prices and labor costs in the mix, everyone is now eagerly awaiting the next earnings showdown!