Dow jumps more than 500 points as oil prices slide, investors rotate out of chip stocks: Live updates

Dow futures were little changed Monday night after the Dow posted back-to-back gains, with investors awaiting a big week of megacap earnings from Amazon, Meta, Microsoft, and Apple, as well as a Federal Reserve rate decision. Asian markets mostly fell, while Wall Street saw a mixed session with the Dow rising on an oil price pullback but the Nasdaq dropping on semiconductor weakness. The Fed is expected to hold rates steady at its July meeting, with traders also watching consumer confidence data and quarterly results from companies like Coca-Cola and Boeing.