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The Nexus
BUSINESSJul 30 · 12:18 UTCWPLG LOCAL 10 MIAMIBy CHAN HO-HIM and MATT OTT, Associated Press

Oil prices fall, markets bounce back on mixed earnings from US tech giants

Oil prices fell and global markets rebounded as mixed earnings from U.S. tech giants influenced stock movements, with Microsoft shares rising over 9% and Meta shares dropping 8.3%. South Korea's Kospi index declined amid AI stock selling, while Tokyo's Nikkei 225 recovered slightly. The U.S. Federal Reserve maintained its benchmark interest rate, and the bond market showed rising yields.

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