Oil Prices Jump, While the Dow Drops More than 1,100 as Sinking AI Stocks Drag Wall Street Lower

Dow Plunges More Than 1,000 Points as Chip Stocks Sink and Fed Holds Rates Steady

NEW YORK (VINnews) – U.S. stocks sold off sharply Wednesday, with the Dow Jones Industrial Average leading losses amid a continued rout in semiconductor shares, the Federal Reserve’s decision to keep interest rates unchanged and a surge in oil prices linked to Middle East tensions. The Dow closed at 51,617, down 1,150 points, or about […]

Asian Stocks to Fall as Fed Keeps Rates on Hold: Markets Wrap

(Bloomberg) -- Asian stocks were set to track Wall Street lower after renewed concerns over artificial intelligence spending and uncertainty over the Federal Reserve’s policy outlook sent longer-dated Treasury yields to their highest levels in almost two decades.

Oil prices jump, while the Dow drops more than 1,100

NEW YORK — Oil prices got back to jumping on Wednesday, while sinking technology stocks dragged Wall Street lower amid uncertainty about what the Federal Reserve will do to get high inflation under control.

Tech slump, oil price surge, Fed's hold on rates weigh on stock markets

Oil prices surged on July 29, 2026, as the Federal Reserve opted to hold interest rates steady, leaving investors uncertain about the path ahead for inflation and causing major indices like the Dow and Nasdaq to slump.

Here are the last times the Dow dropped by 1,000 points and what happened next

After the Dow falls by 1,000 points, the index typically is weak in the week that follows. The average then posts gains in the next month and three months.

US stocks tumble as Fed decision, inflation fears rattle markets

Dow sinks more than 1,100 points in worst session since April 2025