Stocks, Bonds Climb After Fed Meeting.

Stocks and government bonds rallied on the final day of July, with all three major indexes opening higher. The Federal Reserve held interest rates steady and signaled a willingness to cut them in September if inflation continues to decrease. The tech-heavy Nasdaq Composite had its best day since February, jumping 2.6%, while the S&P 500 added 1.6% and the Dow Jones Industrial Average rose 0.2%. The Russell 2000 index of small companies lagged behind other indexes after a strong performance in recent weeks. The drop in government bond yields also contributed to the market rally. [Extracted from the article]