Stock Market Today: Dow, S&P 500, Nasdaq down, bond yields rise as Fed leaves rates unchanged; earnings from Microsoft, Meta and Tesla loom
Fed rate decision, stock market updates: Dow, Nasdaq, S&P 500 slip, Nvidia falls as Fed leaves rates unchanged
Nasdaq 100: Powell’s Fed Decision, Nvidia’s AI Battle, Microsoft, Tesla, Meta Set Tone
In extended trading, shares of Meta Platforms and Tesla gained nearly 2% and 5%, respectively, while Microsoft shares dipped 4% after the companies reported earnings. Both Meta and Microsoft beat on the top and bottom lines, but Tesla missed expectations.
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.
US stocks fall after the Fed held rates steady but suggested the inflation drop has stalled. Meta, Tesla and Microsoft report earnings after the bell.
Remember that overnight action in Dow futures and elsewhere doesn't necessarily translate into actual trading in the next regular stock market session. Join IBD experts as they an
The Fed is widely expected to make no change to interest rates today, after cutting the benchmark short-term rate at every one of its last three meetings. There also won't be any quarterly economic or interest-rate projections.
The Federal Reserve is widely expected to hold its benchmark interest rate steady Wednesday, taking a pause after cutting short-term rates [by a full percentage point](
U.S equity futures turned lower in early Wednesday trading, while the dollar extended gains and Treasury yields dipped, as investors looked for clarity on two key issues from today's Federal Reserve interest rate decision and fourth-quarter earnings updates from three megacap tech giants.
Nvidia stock trades lower, ASML rises after fourth-quarter bookings top analysts’ forecasts, and Wall Street awaits quarterly earnings Wednesday from Tesla, Microsoft, and Meta Platforms.
Federal Reserve interest rate decision, Jerome Powell comments, PCE inflation, U.S. GDP, and earnings from Tesla, Meta, Microsoft, Apple and more.
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Tesla’s finance chief said on Wednesday that the company’s profitability could take a hit if the new presidential administration implements tariffs.