Markets Bounce Back as Tech Leads Recovery Despite Fed Hold

Following a sharp selloff triggered by the Federal Reserve's decision to maintain interest rates unchanged, markets staged a significant turnaround with the S&P 500 gaining 1.66%, the Nasdaq surging 2.78%, and the Dow rising 1.19%, driven by strong corporate earnings and a major milestone from Microsoft's cloud business.

Daily market report for Jul 30, 2026, with the industry groups and stocks behind each story.