Stock Market Update: Fed Holds Rates Steady Amid Earnings Reports

Reported about 23 hours ago

On January 29, 2025, the stock market experienced declines as the Federal Reserve maintained interest rates, leading to mixed responses from major tech firms. The Nasdaq dropped about 0.5%, with Nvidia's stock suffering a significant setback following reports of potential export restrictions. Meanwhile, despite missing quarterly earnings expectations, Tesla's shares saw a moderate rise after hours, while Meta and Microsoft reported lower results, impacting their stock performance.

Source: YAHOO

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