Crude Oil Surging Overnight, Japan and South Korea Markets Open Higher This Morning

English summary

### Crude Oil Surging Overnight, Japan and South Korea Markets Open Higher This Morning Time: 2026-07-30 08:37:18 Content: 01 The Federal Reserve's July FOMC meeting kept the benchmark interest rate unchanged at 3.50% to 3.75%. This is the fifth consecutive rate hold this year, in line with market consensus. U.S. stocks fell across the board. The Nasdaq 100 fell 11% from its June high, entering a correction. The Philadelphia Semiconductor Index fell 5.33%, down for the fifth consecutive trading day. The Roundhill Memory & Storage ETF fell over 6%, and the optical communication and storage sectors continued to slump. Micron Technology fell about 10%, Kioxia ADR fell over 9%, Coherent fell over 8%, Credo, Lumentum, and SanDisk fell over 7%, Marvell Technology fell over 6%, and Intel and AMD fell over 5%. Coca-Cola rose nearly 1%, hitting a new high. Related U.S. stocks: Yiming Food View original