Archive · 30 Jul 2026
Fed Rate Hold Sparks Wall Street, Nasdaq 100 Falls 11%
The Federal Reserve decided not to change interest rates, which made many people worry about the future.
Because of that, big stock indexes like the S&P 500 and Nasdaq 100 went down.
Tech companies that are working on artificial intelligence also lost value.
Even though the market fell, experts still think many companies will earn more money next quarter.
The drop shows investors are careful about how much money is being spent on new technology and how the economy might change.
Fed left benchmark interest rate unchanged at 3.50‑3.75%.
S&P 500 fell 1.52% to 7,316.15, its lowest close in a month.
Nasdaq 100 dropped 2.1%, falling more than 10% from its June peak.
AI‑related stocks, including SK Hynix and Vertiv, weakened amid concerns over AI spending.
Despite the selloff, analysts expect S&P 500 companies to grow 40% in Q2 earnings.
- Who
- Federal Reserve, investors, and technology companies
- What
- U.S. stocks fell after the Fed left rates unchanged
- When
- following the Fed's recent rate decision
- Where
- U.S. equity markets
- Why
- concerns over AI spending, persistent inflation, and potential future rate hikes
- Fed benchmark interest rate
- 3.50-3.75%
- S&P 500 closing level
- 7,316.15
- Nasdaq 100 decline
- 2.1%
- AI stock impact
- SK Hynix profit fell short of expectations
- Q2 earnings growth expectation
- 40%