U.S. Stocks Hold Near Their All-Time High While the Dollar’s Value Stabilizes
The Federal Reserve kept interest rates steady to balance inflation and economic strength; gold prices surged over 4% to $5,340 per ounce, the highest ever recorded.
- On Wednesday, the Federal Reserve kept its main interest rate unchanged, producing few market ripples as U.S. stocks hovered near record highs with the S&P 500 nearly flat.
- Political tensions have helped push the U.S. dollar's descent, which accelerated after President Trump threatened tariffs earlier this month, prompting investor flight called `Sell America`.
- On the corporate front, Nvidia rose 1.6% as AI demand lifted markets, with ASML CEO Peter Wennink saying customers see the `sustainability` of AI demand; Seagate Technology jumped 19.1%, while Amphenol fell 12.2%.
- In the bond market, Treasury yields held steady with the 10-year Treasury yield at 4.24% late Tuesday, while Treasury Secretary Scott Bessent said the U.S. government supports a `strong dollar` without intervening.
- Safe-Haven buying pushed Gold to a record, settling at $5,340.20 as the Federal Reserve’s rate cuts last year fail to curb inflation above the 2% inflation target.
14 Articles
14 Articles
Fed Rate Decision Didn't Move Markets
Few ripples washed through financial markets Wednesday after the Federal Reserve decided to keep its main interest rate steady , just like virtually all of Wall Street was expecting. The US stock and bond markets both remained at virtual standstills, while the US dollar stabilized following its sharp slide from recent...
US stocks hold near their all-time high while the dollar’s value stabilizes - Boston News, Weather, Sports
NEW YORK (AP) — Few ripples washed through Wall Street Wednesday after the Federal Reserve decided to hold its main interest rate steady, just like investors expected. The U.S. stock and bond markets each remained at a virtual standstill, while the U.S. dollar stabilized following its sharp recent slide. Some of the strongest action remained in the gold market, where the metal’s price jumped to another record. The S&P 500 was nearly unchanged an…
How major US stock indexes fared Wednesday, 1/28/2026
Few ripples washed through financial markets after the Federal Reserve decided to keep its main interest rate steady, just like virtually all of Wall Street was expecting. The U.S. stock and bond markets both remained at virtual standstills on Wednesday,…
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