The S&P 500 and the Nasdaq treaded water on Wednesday, as losses in tech heavyweights Apple and Nvidia limited broader gains and investor focus turned to the U.S. Federal Reserve's interest-rate decision,
Wall Street's main indexes were subdued at the open on Wednesday, as losses in tech heavyweights Apple and Nvidia kept broader gains in check and investor attention turned to the U.S. Federal Reserve's interest-rate decision,
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.
Wall Street's main indexes opened modestly down on Wednesday, influenced by losses in major tech firms Apple and Nvidia. Investor attention was primarily focused on the anticipated U.S. Federal Reserve's interest-rate decision,
The tech-heavy Nasdaq Composite ( ^IXIC) rose 0.3%, while S&P 500 ( ^GSPC) moved up 0.3%. The Dow Jones Industrial Average ( ^DJI) hovered around the flatline, in the wake of a losing day on Wall Street.
The stock markets are bracing for a volatile day as losses in tech giants Apple and Nvidia might prevent broader gains. The focus shifts to the U.S. Federal Reserve's interest-rate decision. Meanwhile,
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Wall Street opens up on relief Meta and Microsoft kept their AI spending plans even as their earnings come in mixed. Next up, Apple after the close.
The rest of the stock market could finally catch up to the Magnificent Seven this year—and it has nothing to do with DeepSeek. The gap in earnings growth between the Magnificent Seven and the rest of the benchmark index should compress from roughly 8 percent to less than 5 percent by the end of 2025,
The Federal Reserve is expected to keep interest rates on hold on Wednesday. Plus, earnings reports from Apple, General Motors, Starbucks, Microsoft, Tesla, and Exxon Mobil.
Treasury yield is hovering just above a six-week low around 4.50% as investors continue to digest Wednesday’s monetary policy update from the Federal Reserve. The U.S. central bank left interest rates unchanged at a range of 4.