After the Dow falls by 1,000 points, the index typically is weak in the week that follows. The average then posts gains in the next month and three months.

Kevin Warsh, who began his role as chairman of the Federal Reserve in May, said Wednesday officials have “no tolerance for persistently elevated inflation.”

The Dow fell ~800 points on July 29, 2026, as Trump's Iran strike threat spiked oil prices ahead of a critical Federal Reserve policy decision.