--- title: Market Report, 2026-07-29 description: Markets fell sharply on July 29, 2026, after the Federal Reserve's policy announcement raised uncertainty and sent Treasury yields higher. image: https://blog.adamswealthadvisors.com/hubfs/Scott%203%20with%20Credentials.png --- [Skip to content](https://blog.adamswealthadvisors.com/daily-market-minute/market-report-2026-07-29#main-content) [![AdamsWealth-logo-white](https://blog.adamswealthadvisors.com/hubfs/Imported%20sitepage%20images/AdamsWealth-logo-white.svg "AdamsWealth-logo-white")](https://adamswealthadvisors.com/) [Connect with an Advisor](https://adamswealthadvisors.com/contact-us/) August 3, 2026 # Market Report, 2026-07-29 [Adams Wealth Advisors](https://blog.adamswealthadvisors.com/daily-market-minute/author/adams-wealth-advisors) Share: [facebook-f icon](http://www.facebook.com/share.php?u=https://blog.adamswealthadvisors.com/daily-market-minute/market-report-2026-07-29) [linkedin-in icon](http://www.linkedin.com/shareArticle?mini=true&url=https://blog.adamswealthadvisors.com/daily-market-minute/market-report-2026-07-29) [Twitter icon](https://twitter.com/intent/tweet?url=https://blog.adamswealthadvisors.com/daily-market-minute/market-report-2026-07-29) [pinterest-p icon](http://pinterest.com/pin/create/link/?url=https://blog.adamswealthadvisors.com/daily-market-minute/market-report-2026-07-29) [envelope icon](mailto:?body=https://blog.adamswealthadvisors.com/daily-market-minute/market-report-2026-07-29) Market Report, 2026-07-29 2:01 Your browser does not support the video tag. The Federal Reserve took center stage on Wednesday and sent the stock market on a roller-coaster ride, with all major indices fluctuating throughout the session before ending the day significantly in the red. The Dow Jones Industrial Average declined by 1,152 points to 51,595. The Nasdaq ended the day 1.74% lower at 24,443, while the S&P 500 lost 1.51% of its value, closing at 7,316. The energy sector benefited from the tailwind of higher oil prices and ended the day in positive territory, while most other sectors finished in the red. The bond market also suffered. Although the Federal Reserve left interest rates unchanged, its messaging introduced new uncertainty that left longer-term bond investors uneasy. The yield curve steepened significantly, with the 5-year yield rising 3 basis points to 4.39%, the 10-year yield rising 8 basis points to 4.68%, and the 30-year yield rising 11 basis points to 5.21%—its highest level since early 2004. The market action reflected investors’ demand for an additional risk premium. For more than a decade, the Federal Reserve had followed a policy of transparent forward guidance, which was intended to guide investors after the 2008 financial crisis, when interest rates remained outside their normal range for a prolonged period. Policymakers also valued the fact that markets could prepare for monetary policy decisions in advance rather than experience significant shocks, a dynamic that brought stability to financial markets. The new Warsh Fed is currently suggesting a return to an older framework in which forward guidance did not exist, claiming that the policy caused markets to become overly reliant on such guidance. With inflation and GDP data scheduled for release tomorrow, the market will closely examine the figures for clues about future policy decisions. [wealth management](https://blog.adamswealthadvisors.com/daily-market-minute/tag/wealth-management), [Daily Market Update](https://blog.adamswealthadvisors.com/daily-market-minute/tag/daily-market-update), [Scott Leavitt, MSFP, CFP®](https://blog.adamswealthadvisors.com/daily-market-minute/tag/scott-leavitt-msfp-cfp) ## Related posts [![](https://blog.adamswealthadvisors.com/hs-fs/hubfs/Mitch.png?height=200&name=Mitch.png)](https://blog.adamswealthadvisors.com/daily-market-minute/market-report-2026-07-28) [wealth management](https://blog.adamswealthadvisors.com/daily-market-minute/tag/wealth-management), [Daily Market Update](https://blog.adamswealthadvisors.com/daily-market-minute/tag/daily-market-update), [Mitch Greene, M.S., CFP®, ABFP™](https://blog.adamswealthadvisors.com/daily-market-minute/tag/mitch-greene-m-s-cfp-abfp) ## [Market Report, 2026-07-28](https://blog.adamswealthadvisors.com/daily-market-minute/market-report-2026-07-28) [Adams Wealth Advisors](https://blog.adamswealthadvisors.com/daily-market-minute/author/adams-wealth-advisors) August 3, 2026 Your browser does not support the video tag. [Read more](https://blog.adamswealthadvisors.com/daily-market-minute/market-report-2026-07-28) [![](https://blog.adamswealthadvisors.com/hs-fs/hubfs/Blake.png?height=200&name=Blake.png)](https://blog.adamswealthadvisors.com/daily-market-minute/market-report-2026-07-06) [wealth management](https://blog.adamswealthadvisors.com/daily-market-minute/tag/wealth-management), [Daily Market Update](https://blog.adamswealthadvisors.com/daily-market-minute/tag/daily-market-update), [Blake Luper](https://blog.adamswealthadvisors.com/daily-market-minute/tag/blake-luper) ## [Market Report, 2026-07-06](https://blog.adamswealthadvisors.com/daily-market-minute/market-report-2026-07-06) [Adams Wealth Advisors](https://blog.adamswealthadvisors.com/daily-market-minute/author/adams-wealth-advisors) July 6, 2026 Your browser does not support the video tag. America was welcomed by its first market day after its... [Read more](https://blog.adamswealthadvisors.com/daily-market-minute/market-report-2026-07-06) [![](https://blog.adamswealthadvisors.com/hs-fs/hubfs/Scott%203.png?height=200&name=Scott%203.png)](https://blog.adamswealthadvisors.com/daily-market-minute/market-report-2026-07-01) [wealth management](https://blog.adamswealthadvisors.com/daily-market-minute/tag/wealth-management), [Daily Market Update](https://blog.adamswealthadvisors.com/daily-market-minute/tag/daily-market-update), [Scott Leavitt, CFP](https://blog.adamswealthadvisors.com/daily-market-minute/tag/scott-leavitt-cfp) ## [Market Report, 2026-07-01](https://blog.adamswealthadvisors.com/daily-market-minute/market-report-2026-07-01) [Adams Wealth Advisors](https://blog.adamswealthadvisors.com/daily-market-minute/author/adams-wealth-advisors) July 2, 2026 Your browser does not support the video tag. [Read more](https://blog.adamswealthadvisors.com/daily-market-minute/market-report-2026-07-01) ## ![awa_square-1](https://blog.adamswealthadvisors.com/hs-fs/hubfs/awa_square-1.png?width=123&height=123&name=awa_square-1.png) ## 701 S Main, Suite 400 Logan, UT 84321 (435) 752-1702 Monday – Friday 9am – 5pm ## 491 N Bluff St. Ste 200 Saint George, UT 84770 (435) 294-0962 Monday – Friday 9am – 5pm ## Find us   [facebook-f icon](https://www.facebook.com/) linkedin-in icon Twitter icon ## ![awa_square-1](https://blog.adamswealthadvisors.com/hs-fs/hubfs/awa_square-1.png?width=123&height=123&name=awa_square-1.png) ## 701 S Main, Suite 400 Logan, UT 84321 (435) 752-1702 Monday – Friday 9am – 5pm 491 N Bluff St. Ste 200 Saint George, UT 84770                                            [(435) 294-0962](tel:4352940962) Monday – Friday 9am – 5pm ## Links   - [Home](https://adamswealthadvisors.com/) - [Your Plan](https://adamswealthadvisors.com/your-plan/) - [Your Needs](https://adamswealthadvisors.com/your-needs/) - [Investment Management](https://adamswealthadvisors.com/your-needs/#plan-213) - [Team Based Approach](https://adamswealthadvisors.com/team-based-approach/) - [Insights](https://adamswealthadvisors.com/insights/) ## Contact   - [Meet an Advisor](https://adamswealthadvisors.com/meet-an-advisor/) - [Contact Us](https://adamswealthadvisors.com/contact-us/) - [Join Newsletter](https://adamswealthadvisors.com/join-newsletter/) ## Find us   [facebook-f icon](https://www.facebook.com/) linkedin-in icon Twitter icon ## Adams Wealth Management is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance. The information, opinions, and forecasts contained herein are based on sources believed to be reliable, but their accuracy and completeness cannot be guaranteed. All views and information are as of the date indicated and are subject to change without notice. --- [Privacy Policy](https://adamswealthadvisors.com/privacy-policy/)    [Terms and Conditions](https://adamswealthadvisors.com/terms-and-conditions/)    [Cookie Policy](https://adamswealthadvisors.com/cookie-policy/)    [ADV 2A](https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=893993)    [Form CRS](https://reports.adviserinfo.sec.gov/crs/crs_286087.pdf) © 2026 Adams Wealth Advisors | Utah. All rights reserved. ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Adams Wealth Advisors", "url" : "https://blog.adamswealthadvisors.com/daily-market-minute/author/adams-wealth-advisors" }, "dateModified" : "2026-08-03T14:22:28.688Z", "datePublished" : "2026-08-03T14:22:28.000Z", "headline" : "Market Report, 2026-07-29", "image" : [ "https://blog.adamswealthadvisors.com/hubfs/Scott%203%20with%20Credentials.png" ], "mainEntityOfPage" : { "@id" : "https://blog.adamswealthadvisors.com/daily-market-minute/market-report-2026-07-29", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://blog.adamswealthadvisors.com/hubfs/adamslogo_Black_LARGE.jpg_3000_50.png" }, "name" : "Adams Wealth Advisors" } } ```