Stock Market Update
29-Jan-25 13:55 ET
Market holds steady ahead of FOMC decision
Dow -57.14
at 44794.27,
Nasdaq -157.89
at 19657.60,
S&P -28.80
at 6038.90
[BRIEFING.COM] The major indices dropped as NVIDIA (NVDA 121.23, -7.74, -6.0%) shares declined. The market-cap weighted S&P 500 trades 0.5% lower.
There's still not a lot of conviction ahead of the imminent FOMC decision.
The bond market hasn't moved much either. The 10-yr yield is at 4.55% and the 2-yr yield is at 4.23%.
