The Economic Times

US stock market: Dow Jones falls 768 points, S&P, Nasdaq drop over 1.3% as Fed holds interest rate

Markets tumbled as the Federal Reserve kept interest rates unchanged. Officials signaled just one rate cut this year. Rising oil prices and geopolitical tensions added to economic uncertainty. The Producer Price Index also showed an increase. Major stock indexes saw significant declines. Some companies reported gains despite the broader market downturn.