AM 30 Jul 26: US stocks fall after Fed keeps rates steady

The Australian share market is poised to open lower following a volatile night on Wall Street. US stocks fell after the Federal Reserve kept interest rates steady but signalled growing support for future hikes, while 30-year Treasury yields surged to 19-year highs. Oil prices also soared following fresh threats from Donald Trump against Iran, which could offer some support to local energy stocks. James Gruber, Equity Market Strategist at CommSec takes you through all the key numbers. Check out our Market News page Follow us on:InstagramLinkedInYouTubeTikTok The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.