Mixed day for global stocks but oil prices fall along with chip shares

A trader works on the floor of the New York Stock Exchange (NYSE) at the closing bell, in New York on Jul 24, 2026. (Photo: AFP/Angela Weiss) 29 Jul 2026 05:52AM NEW YORK: Wall Street stocks mostly rose Tuesday (Jul 28) behind solid earnings and a pullback in oil prices, offsetting weakness in chip shares and in Asian equity markets.Micron, AMD and Sandisk were among the semiconductor names swept up in the latest round of selling as investors fret over the sector's lofty valuations and worry about rising competition from Chinese firms.While the Nasdaq edged lower, both the Dow and S&P 500 advanced, lifted by strong results from Boeing, Coca-Cola and others. Weakness in chip companies also weighed on Asian markets after The Information tech news outlet reported that China's Shanghai Yuliang