Solid results from Apple are buoying spirits, as investors brace for PCE inflation and weigh Trump's renewed tariff threat.

Markets widely expect the central bank to hold its lending rate steady in its decision, expected at 2 p.m. ET.

Apple stock rises after the tech giant posts better-than-expected earnings and guides for solid growth, Intel declines after revenue projections miss analysts’ estimates, and Chevron posts adjusted earnings below expectations.

Apple and other big U.S. companies reporting fatter profits than expected are helping Wall Street shave off more of its sharp losses from the start of the week on Friday.

However, the U.S. stock market could move sharply on Jan. 29 and Jan. 30 based on commentary from the Federal Reserve, and earnings results from several "Magnificent Seven" companies: Apple ( AAPL 3.65%), Meta Platforms ( META 2.19%), Microsoft ( MSFT 2.91%), and Tesla ( TSLA 0.24%). Read on for details.

U.S. stocks opened higher on Friday after an earnings report from Apple impressed investors by showing strong growth in the consumer-tech giant's services business. Later, a reading from the Federal Reserve's preferred inflation gauge,

Apple and Atlassian lift Nasdaq, while Exxon drags on markets. Inflation data fuels Fed speculation as traders weigh earnings and rate cut prospects.

US stocks gained steam on Thursday afternoon as investors digested megacap tech earnings and waited for Apple (AAPL) results for more clues on prospects for Big Tech. Right ahead of the closing bell,

Wall Street indices were set to open higher on Friday, buoyed by Apple's strong sales forecast and stable inflation readings. However, the market experienced volatility due to trade tensions and a decline in tech stocks,

Despite the currency market anxiety, stocks pushed higher - with index futures adding to Thursday's Wall Street gains as the world's most valuable company Apple rallied 4% ahead of today's bell. Apple's upbeat outlook overnight impressed even in the face of a slight quarterly earnings miss.

WALL Street’s main indexes opened higher on Friday (Jan 31) on gains in Apple following its strong sales forecast, with an in-line reading for the Federal Reserve’s favoured inflation gauge keeping expectations about its interest-rate path unaffected.