U.S. stocks closed sharply lower Wednesday after a late selloff erased a brief post-Fed rally. The Dow lost about 1,152 points. Technology shares also retreated.
Snowflake Inc. rose 4.9% to close at $283.73 on Wednesday. Shares hit an intraday peak of $293.57. Trading had just concluded and the most recent dedicated quote was still delayed. These closing numbers are provisional.
Shares of Humana Inc. dropped on Wednesday, even after the company surpassed quarterly profit forecasts. The maintained guidance put the focus on a more substantial Medicare Advantage pullback projected for 2027.
Hims & Hers Health fell 11.9% to $25.83 in the latest available trade. The decline followed a government lawsuit covering privacy, billing and subscription practices. U.S. markets remained open, leaving the final close unsettled.
Rocket shares advanced Wednesday even as mortgage demand hit a one-year low. The divergence sharpened attention on Rocket’s enlarged servicing franchise.
London’s cash market remained shut. BP closed at 543.5 pence, while National Grid settled at 1,193 pence. The 5.44-point spread marked the day’s most prominent UK energy divergence.
Bloomberg said on Wednesday it will buy Canoe Intelligence, an artificial intelligence-driven data processing firm focused on private markets. Canoe offers workflow functionality that will integrate into Bloomberg’s current platform.
Caterpillar shares dropped $53.66 after Baird lowered its rating on the machinery manufacturer to Neutral from Outperform. Analyst Mig Dobre reduced his price target to $900 from $1,200.
Garmin Ltd. jumped 17.4% on Wednesday following record-setting quarterly operating income and an improved forecast. Shares touched $302.59 during intraday trading. The company's market capitalization was about $57.6 billion. Major U.S. indexes declined.
Avantor, Inc. shares surged after second-quarter revenue and adjusted profit beat estimates. The laboratory-supplies group also raised its full-year organic-sales range.
Shares of Grab Holdings Limited hovered around $3.38 during early U.S. trading on Wednesday, slipping roughly 2%. The stock underperformed the S&P 500 and stayed near its lowest point over the past 52 weeks.
Shares of Parsons Corporation dropped 37.8% to $38.59 as of 12:42 p.m. EDT. The company reported $118 million in charges and revised its 2026 forecast downward.
UiPath Inc advanced 2.5% to $12.50 during midday trading on Wednesday, extending its four-day recovery to 22.5%. Regular trading hours continued on the New York exchange.
Shares of IREN slid 10.6% to $30.34 during Wednesday midday trade. The price moved below the July 17 closing level of $33.62, which was the last session ahead of IREN’s $2.8 billion customer contracts announcement.
NEW YORK, July 29, 2026, 12:58 p.m. EDT – Nebius stock slid 10% as the company’s asset-light approach came under pressure from funding requirements, prompting investor caution.
NEW YORK, July 29, 2026, 12:03 EDT – The Dow Jones Industrial Average plummeted 852 points in midday trading, with losses intensifying across blue-chip shares as an oil market shock rattled investors.
New Jersey achieved a new milestone on April 29, 2026, when 18 second-tier Powerball prizes were awarded, highlighted by four $2 million winners using Power Play. While the $143.4 million top prize was secured outside the state, New Jersey players collected 14 $1 million payouts. Among the winners, one individual recounted a number selection from a dream and a misplaced ticket stub, which matched for $1 million in a replay six months on. Three $1 million prizes are still unredeemed, with a claim deadline of April 29, 2027.
Shares of FormFactor (FORM) leapt 26% to around $105 after its Q2 report delivered $258.2m in revenue (up 32%) and non-GAAP EPS of $0.82. Executives pointed to a Q2 run rate exceeding $1b in revenue and gross margin above 50%, outpacing prior goals. The results reflect FormFactor's increased focus on AI-enabled memory and compute segments, yet questions remain over margin resilience and cash generation as capital expenditures grow.
The ASX opened positively but slipped in the final session, as the materials sector surrendered its intraday advances and investors took profits in healthcare stocks, resulting in a mixed close.