Business · MarketWatch

Stock Market Today: Dow rises 670 points after strong earnings from Coca-Cola and Sherwin-Williams; Nasdaq erases early losses despite a chip selloff

On July 28, 2026, the Dow Jones Industrial Average rose 670 points driven by strong earnings from Coca-Cola and Sherwin-Williams, while chip stocks continued to experience a selloff. Despite the challenges facing the semiconductor sector, the broader market remained stable. Key updates include uncertainty regarding a potential Federal Reserve rate hike, a decline in oil prices, and a noticeable drop in consumer confidence. Notable news highlights include issues affecting chip stocks due to emerging threats from China and significant declines in Micron's stock.

Author

Newsroom Staff

Source

MarketWatch

Published

Tuesday, July 28, 2026

Time

1:26 PM EDT