On July 30, 2025, U.S. stock markets experienced a downturn as investors reacted to the Federal Reserve's decision to keep interest rates unchanged. The S&P 500 fell 0.1% to 6,362.90, the Dow Jones Industrial Average dropped 0.4% to 44,461.28, and the Nasdaq Composite edged up 0.1% to 21,129.67. The Federal Reserve's move to hold rates steady, coupled with Chairman Jerome Powell's comments suggesting fewer rate cuts in the near future, led to rising Treasury yields and increased market uncertainty. abcnews.go.com
The market's decline was further influenced by disappointing corporate earnings reports. UnitedHealth Group's shares slid 7.5% after reporting adjusted earnings per share of $4.08, missing the consensus estimate of $4.84. United Parcel Service's stock fell 10.6% following weaker-than-expected results and a retraction of its 2025 revenue and profit guidance. Whirlpool Corporation's shares plunged 13.4% after reporting earnings of $1.34 per share, missing the consensus estimate of $1.54, and cutting its earnings forecast. nasdaq.com
Key Takeaways
- S&P 500 declined 0.1% to 6,362.90.
- Dow Jones Industrial Average dropped 0.4% to 44,461.28.
- Nasdaq Composite edged up 0.1% to 21,129.67.
- UnitedHealth Group's shares fell 7.5% after earnings miss.
- Whirlpool Corporation's stock plunged 13.4% following earnings miss and forecast cut.