US Stock Real-time
Inflation shadows loom, US stocks plunge in late session, all three major indices close in the red
2026-07-31 18:04:15
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US June core PCE inflation unexpectedly accelerated, market expectations for Fed rate cuts in September froze, US stocks plunged in late session, all three major indices closed in the red. Dow fell over 350 points, Nasdaq plunged 1.8%, VIX fear index surged 12.5%. Capital fled tech stocks, shifting to defensive sectors like healthcare and utilities. The article analyzes the impact of inflation on interest rate paths and previews next week's non-farm employment data as key for market direction.
