Stock Market Today, July 29: Stocks Slide on Hawkish Fed and Increased Middle East Tensions
The Dow Jones Industrial Average (DJINDICES:^DJI) fell 2.19% to 51,594, while the S&P 500 (SNPINDEX:^GSPC) lost 1.52% to 7,316 and the Nasdaq Composite (NASDAQINDEX:^IXIC) dropped 1.74% to 24,443 as a hawkish Federal Reserve and geopolitical tensions in the Middle East pressured equities. Gold gained …