On Thursday July 23, the Dow Jones Industrial Average closed down 507.59 points (-0.97%) at 51,710.99; the S&P 500 fell 90.79 points (-1.21%) to 7,408.17; the Nasdaq Composite dropped 553.21 points (-2.15%) to 25,137.69.

Nikkei reports the Bank of Japan intends to hold its policy rate at 1% at the July 30-31 meeting; a majority of the nine-member policy board is expected to vote to maintain rates. Board members broadly view financial conditions as accommodative and acknowledge a case for further rate hikes to stabilise inflation, but many say there is no urgency to act. Some members had pushed for a follow-up increase in July after June’s hike; the BOJ is closely monitoring the effects of June’s move amid Middle East tensions and oil-price inflation risk. The committee may raise its fiscal 2026 median real GDP growth forecast from April’s 0.5% as economic conditions have improved — alternative Middle East oil supplies have increased, corporate output concerns have eased, and AI-related sectors have outperformed expectations, supporting growth.

斯里蘭卡國際主權債券下跌1美分，巴基斯坦和印尼債券承壓。此前特朗普宣佈新關稅措施。