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Stocks Fade From New Highs As Fed Holds Rates Steady

Published 1 month, 2 weeks ago
Description

MRKT Matrix - Wednesday, January 28th

  • S&P 500 touches record 7,000 level, but gain fades as Fed keeps rates on hold (CNBC)
  • Fed meeting recap: Powell says economy on ‘firm footing’ and current rate level not restrictive (CNBC)
  • Trump is not worried by a weak dollar. Why the president and investors should be (CNBC)
  • Companies rush to refinance as credit looks good (Axios)
  • Investors bet on ‘hot’ US economy heading into midterm elections (FT)
  • Amazon to Lay Off Around 16,000 Corporate Employees (WSJ)
  • Microsoft Moves to Respond to New Threats From Anthropic (The Information)
  • SpaceX weighs June IPO timed to planetary alignment and Elon Musk’s birthday (FT)

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MRKT Matrix by RiskReversal Media is a daily AI powered podcast bringing you the top stories moving financial markets

Story curation by RiskReversal, scripts by Perplexity Pro, voice by ElevenLabs

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