Dow Jones today: Dow hovers near 49,000 as Fed decision and mega-cap earnings loom
NEW YORK, Jan 28, 2026, 10:26 (EST) — Regular session The Dow Jones Industrial Average (.DJI) held steady on Wednesday morning, lingering near 49,000 as traders eyed the Federal Reserve and a flurry of late-day earnings reports from major companies. By 10:26 a.m. EST, the blue-chip index dipped 3.56 points, or 0.01%, to 48,999.85. Meanwhile, the S&P 500 inched up 0.16%, and the Nasdaq climbed 0.39%. (Investing.com) The Dow stumbled even as the S&P 500 briefly cleared 7,000—a milestone that’s taken on a life of its own as a trading cue. Chip stocks rallied, buoyed by upbeat reports from ASML