S&P 500 crosses 7,000 ahead of Fed decision, Big Tech earnings
Add BT as a preferred source
[NEW YORK] The S&P 500 opened at 7,000 mark on Wednesday (Jan 28), while the Nasdaq inched towards a record high, fuelled by a gain in chip stocks and as investors geared up for a Federal Reserve rate decision as well as a slew of Big Tech earnings.
At 09:32 am ET, the Dow Jones Industrial Average rose 140.33 points, or 0.29 per cent, to 49,143.74, the S&P 500 gained 22.45 points, or 0.32 per cent, to 7,001.05 and the Nasdaq Composite gained 147.93 points, or 0.62 per cent, to 23,965.03. REUTERS
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
Yeoh Pei Xien: YTL’s third-gen scion with a pastor’s heart
Singapore banks’ battle for wealth talent goes beyond private bankers
Car dealer charged in S$1.1 million tax evasion case involving Porsches, Ferraris, Rolls-Royces
A ‘shadow bank’ hiding in Singapore’s Little India casts light on financial services gap
