Dow drops nearly 200 points while S&P and Nasdaq rise as oil and Fed jitters hit

Published on 29 April 2026

Oil spikes and Treasury yields climb, yet Big Tech steadies markets

US markets are splitting: the Dow Jones slides about 200 points while the S&P 500 and Nasdaq hold firm. The move tracks rising oil prices above $100 and climbing Treasury yields to around 4.39%, keeping investors on edge ahead of the Federal Reserve. Still, upbeat Big Tech earnings from Alphabet, Amazon, and Microsoft are offsetting the pressure.

Dow falls nearly 200 points while S&P 500 and Nasdaq stay steady
Oil surges above $100 and yields rise to about 4.39%
Investors brace for the Fed decision and Jerome Powell
Big Tech earnings provide a counterweight to broader pressure

#fed #dow jones #big tech earnings #oil prices #us stocks

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This summarization was done by Beige for a story published on The Economic Times

Dow drops nearly 200 points while S&P and Nasdaq rise as oil and Fed jitters hit

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