Key Takeaways The S&P 500 fell 0.5% on Wednesday, Jan. 29, as the Federal Reserve held interest rates steady in a move widely expected by the financial markets.Goldman Sachs analysts downgraded Moderna stock and slashed their price target,
Fed rate decision, stock market updates: Dow, Nasdaq, S&P 500 slip, Nvidia falls as Fed leaves rates unchanged Tech stocks led markets lower on Wednesday as the broader mood stayed muted after the Federal Reserve's latest interest rate decision saw the central bank keep rates unchanged in a range of 4.25%-4.5%.
Markets widely expect the central bank to hold its lending rate steady in its decision, expected at 2 p.m. ET.
Investors react to the Federal Reserve's policy decision and Chairman Jerome Powell's press conference, as well as results from Meta, Microsoft and Tesla.
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,
U.S. stocks are slipping Wednesday after the Federal Reserve opted not to cut interest rates for the first time since it began trying to help the economy through easier rates in September. The S&P 500 was down 0.
All three major U.S. stock indexes were higher in late-afternoon trade as focused turned away from Wednesday's Federal Reserve meeting and toward corporate earnings on deck. The S&P 500 index was leading the equity gauges higher with a 0.
The S&P 500 fell 1.5% on Monday, Jan. 27, as a Chinese startup's cost-efficient and high-performing AI model sent shockwaves through the U.S. tech sector.
Stocks were mixed on Thursday, with momentum stalling after the S&P 500 closed near record highs on Wednesday. Investors parsed fresh jobless claims data.
Oil prices fell after Trump's comments, while the 10-year US Treasury yield rose, signaling that Trump may have less influence on interest rates.
Solid results from Apple are buoying spirits, as investors brace for PCE inflation and weigh Trump's renewed tariff threat.