Dow Inc. (DOW) expects to release more than $500 million of net working capital during the second half of 2026, providing an important source of cash as the chemicals maker confronts weak demand and softer pricing.

The stock market retreated after the Federal Reserve raised interest rates for the first time since 2023, signaled one more hike by year-end and Fed chief Kevin Warsh stressed inflation was "too high.

According to CME FedWatch data, there is a 92.4% probability that the Fed will hike interest rates by 25 basis points from the current 3.50% to 3.75%.

The Dow Jones Industrial Average was trimming its earlier losses after touching a session low, according to FactSet. The bounce came off the 51,881.68 mark, as the chart below shows. It was getting a lift from shares of Honeywell,

The Dow Jones index sold off more than 600 points Wednesday after the Fed's rate hike and Fed Chair Kevin Warsh's hawkish comments.

If NASDAQ settles below the 29,000 level, it will head towards the support, which is located in the 28,800 – 28,850 range. Dow Jones suffered a strong sell-off as traders focused on Fed’s rate hike. Boeing, which was down by -5.7%, was the biggest loser in the Dow Jones index today.

The Dow Jones Industrial Average is a group of 30 stocks in various categories that represent some of the largest and most important companies in the U.S. It doesn't change frequently, but it replaced Verizon with Google-parent Alphabet ( GOOG +1.53%)( GOOGL +1.77%) in June.

The Dow, S&P 500, and Nasdaq are falling in premarket trading as fears about AI and bond yields grip stock the market.

Dow Jones falls 150 points while Nasdaq rises as investors await the Fed decision, track oil prices, Treasury yields and semiconductor stocks.