U.S. markets decline following Fed decision; Micron drops nearly 10%

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Fed news pushed U.S. markets lower on July 30, with the Dow Jones down 2.18%, the S&P 500 at -1.5%, and the Nasdaq falling 1.7%. Micron Technology dropped 9.9%, SanDisk fell 7%, and SK Hynix lost 2.6%. The Fear & Greed Index likely shifted toward fear as NVIDIA declined 3.5%. Seagate was the exception, rising over 2%.

ChainThink reports that on July 30, according to market data, U.S. stocks initially rose then declined following the Federal Reserve's announcement: the Dow Jones Industrial Average fell 2.18%, the S&P 500 dropped 1.5%, and the Nasdaq declined 1.7%.

Individually, SK Hynix (SKHY.O) fell 2.6%, SanDisk (SNDK.O) dropped 7%, Micron Technology (MU.O) declined 9.9%, and NVIDIA (NVDA.O) slid 3.5%; Seagate Technology (STX.O) rose over 2%.

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