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Bloomberg

Nasdaq 100 Enters Correction, S&P 500 Falls After Fed Decision

Wednesday, July 29, 2026


The Nasdaq 100 Index fell into correction territory. The Federal Reserve decided not to raise interest rates at its latest meeting, though three members dissented and indicated support for higher rates. The S&P 500 declined following the Fed's decision and the mixed signals from the policy committee.

Original reporting: https://www.bloomberg.com/news/articles/2026-07-29/us-futures-tick-higher-as-semiconductor-stocks-climb-fed-looms

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