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US Equity Markets Fall as Investors Await Fed Rate Decision, US Job Openings Drop
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US Equity Markets Fall as Investors Await Fed Rate Decision, US Job Openings Drop
Jul 29, 2025 1:46 PM

04:09 PM EDT, 07/29/2025 (MT Newswires) -- US benchmark equity indexes fell Tuesday as investors awaited the Federal Reserve's interest rate decision on Wednesday and a series of key economic reports, while June US job openings dropped more than expected.

* The Fed is expected to keep rates steady at 4.25% to 4.5%, while reports on gross domestic product, private payroll figures and July jobs are scheduled this week.

* US job openings dropped to 7.44 million in June, the Bureau of Labor Statistics reported, falling short of the 7.5 million expected in a Bloomberg survey and below May's 7.71 million. The June figure equals 4.4% of total employment, down from 4.6% in May and 4.5% a year earlier.

* September West Texas Intermediate crude oil rose $2.60 to settle at $69.31 per barrel, while September Brent crude, the global benchmark, was last seen up $2.63 to $72.67.

* Corning (GLW) shares rose 12% after the company reported stronger-than-expected Q2 results and issued an optimistic outlook for Q3.

* Brown & Brown ( BRO ) shares fell 10% even after the company posted Q2 adjusted earnings and revenue that exceeded expectations.

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