03:27 PM EDT, 07/30/2025 (MT Newswires) -- US benchmark equity indexes are on track to close lower on Wednesday, as the Federal Reserve kept interest rates unchanged.

The Dow Jones Industrial Average was down 0.7% to 44,346.29, while the S&P 500 fell 0.3% to 6,350.64. The Nasdaq Composite dropped 0.1% to 21,078.45. Among sectors, utilities and technology were the only two gainers, while materials paced the decliners.

Generac ( GNRC ) was the top gainer on the S&P 500, up 19%. The company posted better-than-expected Q2 financial results while narrowing its fiscal 2025 net sales growth guidance.

Teradyne ( TER ) shares were up 18%, the second-top gainer on the S&P 500. The company's Q2 non-GAAP earnings and revenue late Tuesday fell less than forecast.

IDEX ( IEX ) shares sank 11%, the worst S&P 500 performer, after the company lowered its fiscal 2025 guidance for adjusted earnings per share, missing consensus.

The 10-year US Treasury yield was up 5.1 basis points to 4.38%, while the two-year rate increased 7.2 basis points to 3.95%.

September West Texas Intermediate crude oil rose 1.5% to $70.26 a barrel.