DOW DIVES, S&P 500 TRADES LOWER IN VOLATILE MARKET FOLLOWING FED DECISION: LIVE UPDATES - CNBC

The Federal Reserve has decided to keep interest rates unchanged, leading to a significant drop in the Dow and S&P 500 in a volatile market. According to Google News, this decision has resulted in the Dow's worst daily drop in 15 months. The Fed's decision has failed to calm inflation concerns, causing market instability.

Three policymakers dissented in favor of a hike, as reported by Reuters. Additionally, oil prices have jumped due to fighting with Iran, while major tech earnings, including Meta's Q2 earnings, have also impacted the market. Meta's stock has tumbled after missing its Q2 earnings, according to Yahoo Finance.

The Fed's decision and its impact on the market are significant, as they affect investor confidence and the overall economy. The current market volatility is also influenced by other factors, such as earnings reports from major companies like Starbucks, which has raised its full-year outlook, causing its stock to jump, as reported by CNBC.

• The Federal Reserve has kept interest rates unchanged
• The Dow and S&P 500 have dropped significantly in response
• Oil prices have jumped due to fighting with Iran

Read the original source for full detail available at Google News src