Dow Jones stocks edged higher in the stock market today as investors awaited Powell's remarks and earnings from three tech titans.
The Dow Jones fell Wednesday ahead of the Fed interest rate decision and Fed Chair Powell's comments. Meta and Tesla earnings are next.
Stocks perked up slightly but were still trading lower as Federal Reserve Chair Jerome Powell began speaking on Wednesday. The Dow Jones Industrial Average was down 209 points, or 0.5%. The S&P 500 was down 0.
On Wednesday, the Dow Jones Industrial Average (DJIA) remained steady, hovering around 44,700, shedding around 130 points but holding steady through the midweek market session. The major equity index is currently near its all-time highs above 45,000, but stock traders still have a bit of work to do to push bids back into those record peaks.
The Dow Jones gained 150 points on Tuesday at its peak. The Fed’s latest rate call looms ahead in the midweek. Tariff threats from US President Trump hang over the markets. The Dow Jones Industrial Average (DJIA) rose around 250 points on Tuesday at its highest point,
Stocks closed lower Wednesday after the Federal Reserve left its key interest rate unchanged amid persistent inflation, as investors prepared for a slew of earnings reports from major technology companies.
Fed chair Jerome Powell said asset prices were "elevated by many metrics" and a "good part" of that is due to AI and tech. Read more here.
Stocks pared losses after Jerome Powell eased Wall Street’s concerns about lack of inflation progress, saying a reference on that front in the Federal Reserve’s policy statement wasn’t meant to send any signal.
The FTSE 100 index is forecast to open about 25 points lower, having risen 0.3% to 8558 at last night’s closing bell.
The US Federal Reserve decided to hold its key interest rate steady on Wednesday (January 29), maintaining it in the range of 4.25%-4.5%. The decision by the central bank’s Federal Open Market Committee (FOMC) came as anticipated,
At the close in NYSE, the Dow... Investing.com – The S&P 500 notched a two-week winning streak despite closing lower Friday after giving up gains following a fresh intraday record high as ...