US Stocks Struggle After Fed’s Hawkish Stance, Dow Rebounds Slightly

The US stock market faced volatility following the Federal Reserve’s hawkish stance, which reduced the projected rate cuts for next year. After a significant drop, the Dow Jones Industrial Average slightly rebounded, closing with a modest gain of 15 points at 42,342, halting a ten-day losing streak.

The S&P 500 Index fell by 5 points or 0.1% to close at 5,867, while the Nasdaq Composite closed down 19 points or 0.1% at 19,372, after initially rising by almost 1%.

Tech stocks showed mixed performance. NVIDIA (NVDA) and Amazon (AMZN) rose over 1%, while Tesla (TSLA) initially rebounded but ended the day down 0.9%. Alphabet (GOOG) and Meta (META) each saw slight declines of less than 1%, and Apple (AAPL, Financial) increased by 0.7%. Micron Technology (MU) saw a sharp decline, closing down 16% due to weak revenue guidance for the current fiscal quarter.

MORE IN INSIDE INVESTMENT NEWS

Procter & Gamble Earnings: Alpha Generation from Consumer Staples Resilience

Published: Thursday, October 22, 2026 · 7:39 AM

Carrefour Shares Plunge 14%: Navigating European Retail Volatility

Published: Wednesday, October 21, 2026 · 6:29 AM