Nasdaq 100 enters correction as three Fed officials back rate hike

Nasdaq 100 enters correction as three Fed officials back rate hike

Bloomberg29 Jul, 2026 09:33 PM3 mins to readUS Federal Reserve chairman Kevin Warsh said that tightening in the market has done quite a bit of work for policymakers. Photo/ AFPUS Federal Reserve chairman Kevin Warsh said that tightening in the market has done quite a bit of work for policymakers. Photo/ AFPIn the US, the Nasdaq 100 Index closed in correction territory, pushing the broader stock market lower as the Federal Reserve refrained from raising interest rates but a trio of dissents signalled support for tighter monetary policy. The tech-heavy index fell 1.8% to finish down more than 11% from a

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