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Asian stocks traded mixed Thursday as a divided Fed held rates and Korea's KOSPI extended its selloff despite Samsung's record quarter.

(Bloomberg) -- Some global bond investors are looking to shift toward markets like Australia and Europe as doubts grow over the Federal Reserve’s ability to keep inflation under control, adding to pressure on Treasuries. Most Read from BloombergStocks Fall as 30-Year Bond Yields Surge After Fed: Markets WrapWarner Bros. Deal Collapse Would Cost the Ellisons $9.8 BillionTrump Says US Will Strike Iran Hard as War Escalates AgainUS Intercepts Iran Attack on Bases, Puncturing Days of CalmMeta’s Zuck

(Bloomberg) -- Diesel is “at the epicenter” of a supply squeeze in fuels as global refinery activity fell this month to its lowest seasonal level since the pandemic, according to Goldman Sachs Group Inc.Most Read from BloombergStocks Fall as 30-Year Bond Yields Surge After Fed: Markets WrapWarner Bros. Deal Collapse Would Cost the Ellisons $9.8 BillionTrump Says US Will Strike Iran Hard as War Escalates AgainUS Intercepts Iran Attack on Bases, Puncturing Days of CalmMeta’s Zuckerberg Defends AI

Airbus is on track for its delivery targets and looking into smaller defense deals in its M&A efforts, CFO Thomas Toepfer tells Bloomberg's Romaine Bostick.

President Donald Trump is still pushing the Federal Reserve for rate cuts, which would be better than a rate increase for Affirm.

The Federal Reserve held benchmark interest rates steady for a fifth consecutive session.

(Bloomberg) -- South Korea’s stock market is displaying what would appear to be clear dip‑buying signs: July’s record 33% plunge that has left the benchmark Kospi at its cheapest valuation ever.Most Read from BloombergStocks Fall as 30-Year Bond Yields Surge After Fed: Markets WrapTrump Says US Will Strike Iran Hard as War Escalates AgainWarner Bros. Deal Collapse Would Cost the Ellisons $9.8 BillionUS Intercepts Iran Attack on Bases, Puncturing Days of CalmApple Set to Make Big Smart Home Push

The Dow fell 1,153 points after the Fed held rates steady, as bond yields surged amid inflation fears following a tense FOMC.

The head of the Fed's choice of words when describing elevated inflation should rightly worry Wall Street and investors.

Bank investors like a Fed rate hike. But they didn't get one.

(Bloomberg) -- Samsung Electronics Co.’s semiconductor arm reported a more than 250-fold jump in profit after AI’s reliance on memory delivered hefty margins. Most Read from BloombergStocks Fall as 30-Year Bond Yields Surge After Fed: Markets WrapWarner Bros. Deal Collapse Would Cost the Ellisons $9.8 BillionTrump Says US Will Strike Iran Hard as War Escalates AgainUS Intercepts Iran Attack on Bases, Puncturing Days of CalmApple Set to Make Big Smart Home Push With Siri AI at CenterThe unit, whi

Then Kevin Warsh started talking. The new Federal Reserve chairman did little to ease investor concerns about the central bank’s fight with inflation, so the S&P 500 closed down 1.5%. The Dow Jones Industrial Average sank 2.2% The Nasdaq Composite fell 1.7%.

(Bloomberg) -- The Pentagon is accelerating defense production with multiyear mega contracts as the Trump administration seeks to enhance the armed forces and the Iran war intensifies demands on a dwindling US weapons stockpile.Most Read from BloombergStocks Fall as 30-Year Bond Yields Surge After Fed: Markets WrapWarner Bros. Deal Collapse Would Cost the Ellisons $9.8 BillionTrump Says US Will Strike Iran Hard as War Escalates AgainUS Intercepts Iran Attack on Bases, Puncturing Days of CalmAppl

(Bloomberg) -- Kevin Warsh’s bare-bones communication style has left investors doubting his commitment to curb inflation, putting more pressure on the new Federal Reserve chairman to back up his words with interest-rate hikes.Most Read from BloombergStocks Fall as 30-Year Bond Yields Surge After Fed: Markets WrapWarner Bros. Deal Collapse Would Cost the Ellisons $9.8 BillionTrump Says US Will Strike Iran Hard as War Escalates AgainUS Intercepts Iran Attack on Bases, Puncturing Days of CalmApple

(Bloomberg) -- Jersey Mike’s Subs Inc. and some of its shareholders raised $1 billion in an initial public offering that priced at the midpoint of its marketed range.Most Read from BloombergStocks Fall as 30-Year Bond Yields Surge After Fed: Markets WrapWarner Bros. Deal Collapse Would Cost the Ellisons $9.8 BillionTrump Says US Will Strike Iran Hard as War Escalates AgainUS Intercepts Iran Attack on Bases, Puncturing Days of CalmApple Set to Make Big Smart Home Push With Siri AI at CenterThe Ti

U.S. equity futures were little changed on Wednesday as investors digested Microsoft, Meta and Qualcomm earnings and the Federal Reserve’s decision.

What is the best mix of power generation to build and use in the years ahead? For U.S. integrated electric utilities balancing reliability, affordability, and state and federal policy, resource plans are the answer. But like with any model, these plans are only as robust as the information that is fed into them. Investors are […]

<body><p>STORY: Wall Street ended sharply lower on Wednesday, with the Dow tumbling more than two percent, the S&P 500 shedding one-and-a-half percent and the Nasdaq falling one-and-three-quarters percent.</p><p>:: Archive</p><p>The Fed's widely expected decision to leave interest rates unchanged drew dissents from three of the 12 members of the central bank's policy-setting committee, who would have "preferred" a quarter-percentage-point hike at Wednesday's meeting.</p><p>Eric Diton is president and managing director of The Wealth Alliance.</p><p>"That's telling you the Fed here is not in agreement. Three dissenters is a lot. And it's clear that we are getting closer and closer to a rate hike. And the markets are handicapping that. So, I think going forward I would expect a rate hike probably in September, certainly by December. I think that’s where we are heading.”</p><p>Meanwhile, investors continued to worry about Big Tech companies funneling billions of dollars into AI at the expense of free cash flow.</p><p>Case in point: shares of Meta fell more than 9% in extended trading after the social media company hiked its forecast for 2026 capital expenditure.</p><p>But shares of another Magnificent 7 tech giant climbed in extending trading. Microsoft rose about 2% after topping Wall Street estimates for quarterly cloud revenue growth, a sign its massive spending on AI infrastructure was paying off.</p><p>:: Microsoft</p><p>:: Archive</p><p>AI-related chipmakers added to recent losses after a sixfold jump in SK Hynix's quarterly profit fell short of lofty investor expectations.&nbsp;</p></body>

(Bloomberg) -- A bipartisan group of US senators urged Apple Inc. to abandon any efforts to buy chips from blacklisted Chinese semiconductor suppliers CXMT Corp. and Yangtze Memory Technologies Co., warning that the iPhone maker risked becoming reliant on a US adversary for crucial components.Most Read from BloombergStocks Fall as 30-Year Bond Yields Surge After Fed: Markets WrapWarner Bros. Deal Collapse Would Cost the Ellisons $9.8 BillionTrump Says US Will Strike Iran Hard as War Escalates Ag

The Fed monetary policy decision today kept interest rates steady once again, with turbulence to follow during Fed Chair Warsh's presser.

The Fed held rates steady, but it might not last for long.

Chipotle says cyclospora didn’t directly impact its lettuce, but the parasitic outbreak has still taken a bite out of its sales. The decline in sales was modest, Chief Executive Scott Boatwright said. Federal health officials have linked one outbreak of cyclospora-related illnesses to shredded iceberg lettuce that U.S. produce giant Taylor Farms sourced from Mexico.

(Updates with index/price moves and Federal Reserve/geopolitical news from the first paragraph.)

On July 29, 2026, a hawkish shift from three Federal Reserve officials rattled investors who were already bracing for geopolitical risks.

Policy debate is shifting away from cuts toward tightening

(Bloomberg) -- Binance.US is planning to apply for a license with the Commodity Futures Trading Commission that would help it start its own prediction market, the company’s chief executive officer said at a conference on Wednesday.Most Read from BloombergWarner Bros. Deal Collapse Would Cost the Ellisons $9.8 BillionUS Intercepts Iran Attack on Bases, Puncturing Days of CalmStocks Fall as 30-Year Bond Yields Surge After Fed: Markets WrapTrump Says US Will Strike Iran Hard as War Escalates AgainA

Stocks fell sharply after the Federal Reserve held rates steady, while investors worried that rate hikes were coming later this year as the war in Iran escalated.

The Fed held rates steady, over the objections of three bank presidents that voted for a quarter-point rate hike. It was the first time since 2016 where three officials dissented in the same direction, reflecting growing pressure within the Fed to act on inflation. In a press conference, Chairman Kevin Warsh said that interest rates have already gone up in recent months because Treasury yields have risen.

(Updates with market moves at the end of the day and the Fed decision.) US stocks slid Wednesday

Fed Chair Kevin Warsh reassured markets about a resilient economy, but geopolitical uncertainty remains the major factor for most interested parties right now.