Wall Street prepares for the Federal Reserve&#x27;s next decision and another wave of major earnings. Paul Hickey of Bespoke assesses the broader market and explains what investors should watch as earnings season accelerates. Ford headlines the earnings slate when CFO Sherry House joins to discuss the company&#x27;s results and outlook. Other earnings include Visa, Seagate, KLA, Mondelez and several key semiconductor names, including NXP, Qorvo and Skyworks. Greg Tuorto of Goldman Sachs on why small caps could be poised to outperform. Plus, a look ahead at Apple&#x27;s reported phone leasing plans with our Mackenzie Sigalos and the key catalysts investors will be watching next.<br><br>Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Closing Bell Overtime: Earnings Deluge Begins 7/28/26

Closing Bell

The bell's ringing into the trading day at the NYSE. Third Coast Bankshare is ringing the bell, not the Nasdaq. Golden Eagle Strategies doing the honors. Welcome to Closing Bell Overtime. We're live from Studio B at the Nasdaq Market Site. I'm Melissa Lee, along with Mike Santoli. Stocks mostly higher, well off the morning lows. The Dow up 50 points, excuse me. The S&P 500 a quarter of a percent. The Nasdaq slightly lower, but it had been down nearly one and a half percent early in the session.

The market rotation continuing as staples, health care and materials jump as tech lags. But even within tech, there's a rotation. Chips down again. The Sox down for the fourth straight session. Tied for its longest losing streak of the year. But software moving higher. The IGV up nearly one percent. Much more on the markets coming up.

And we're about to get ready for a flurry of earnings. Chips and memory in focus with KLA and Seagate, Ford, Visa, Mondelez will give us a read on the consumer. And of course, we have the Fed meeting tomorrow, which, you know, factors into how the markets are today. But as you noted, the rotation is fully on. We did have financials and health care. New intraday highs there on those sectors. Both consumer staples and discretionary up a couple of percent. It could have been worse and almost was in terms of the momentum meltdown.

We did bounce off the morning lows. It looked like the semiconductor momentum to the downside was going to get a little bit out of hand coming off of the Korea crash overnight. But again, this market kind of relies on the majority of other stocks to keep it going.

Closing Bell Overtime: Earnings Deluge Begins 7/28/26

Read the full transcript

The candid version is on a podcast,
not the earnings call.

Closing Bell Overtime: Earnings Deluge Begins 7/28/26

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.