Fed Holds Rates as Stocks Whipsaw Through a Wild Final Two Hours | Wall Street Closing Bell with Peter Tuchman

Wall Street Closing Bell: Daily Market Recap with Peter Tuchman, the Einstein of Wall Street · Oct 29, 2026 · 3m

Today’s Wall Street Closing Bell recap with Peter Tuchman.

In today’s episode of Wall Street Closing Bell, Peter Tuchman, the legendary New York Stock Exchange (NYSE) trader known as the “Einstein of Wall Street,” breaks down everything that moved the stock market today. It was Fed Day, and the Federal Reserve (Fed) held interest rates steady in a 10 to 2 vote, an outcome the market had priced at a 92% probability. The real action came from the Fed Chair’s commentary. Between 2:00 and 4:00 p.m., the S&P 500 reversed direction 37 times, swinging through double tops and a double bottom and…