Stock Market Update
30-Jul-25 15:30 ET
Major averages at session lows
Dow -338.01
at 44294.98,
Nasdaq -54.07
at 21042.85,
S&P -32.51
at 6338.35
[BRIEFING.COM] The major averages trade just above their session lows heading into the final half hour of trading.
Equity markets reversed after comments from Fed Chair Powell that the economy is not showing signs of being held back by restrictive policy sent expectations for a September rate cut lower.
Only the utilities sector (+0.6%) remains in positive territory, as the major averages are set to significantly widen their week-to-date losses.
