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Dow Jones Industrial Average declines over 1,100 points following Federal Reserve's decision on interest rates

The Dow Jones Industrial Average dropped 1,153.18 points, or 2.19 percent, on July 29, 2026, following the Federal Reserve's decision to keep interest rates unchanged amid inflation concerns. The S&P 500 also fell by 1.52 percent during the trading session.

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On July 29, 2026, the Dow Jones Industrial Average closed down 1,153.18 points, a decrease of 2.19 percent. This marks the index's largest decline since April 2025. The Federal Reserve decided to maintain interest rates, despite ongoing inflation pressures. The S&P 500 also experienced a decline, falling by 1.52 percent.

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Dow sinks 1,100 points after Fed holds off on hike

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Dow Jones Industrial Average declines over 1,100 points following Federal Reserve's decision on interest rates