S&P 500 Declines 1.52% on July 30, Nasdaq-100 Enters Correction as Fed Holds Rates Steady
According to Deutsche Bank, on July 30, the Federal Reserve held interest rates steady while Chair Powell's limited guidance sparked a sharp steepening of the Treasury yield curve, with the 30-year yield rising to 5.20%. The S&P 500 posted its worst single day in seven weeks, closing down 1.52%, whi
SPX5000.25%
GateNews·07-30 07:37
