Wall Street ends mixed as investors focus on tech earnings

Wall Street ended mixed as investors await quarterly earnings from AI heavyweights Microsoft, Amazon, Meta, and Apple. The chip index extended its recent selloff, down around 20% from its June 22 record high, while oil prices slid about 8% with Brent crude falling to around $89 a barrel after the US suspended strikes on Iran. Traders are pricing a 62% chance the Fed leaves rates unchanged at its Wednesday decision, with a 38% chance of a 25 basis-point hike.