Capital One (COF) stock price rises after Fed holds rates; Brex deal and credit-card cap risk in focus
Shares of Capital One Financial Corp gained roughly 0.8% on Wednesday, closing near $218.89.
Citigroup stock slips late Wednesday as Fed holds rates and Citi reshuffles bankers
Citigroup shares dipped 0.9% to $113.73 late in the afternoon, after earlier reaching $115.70. JPMorgan held steady, Bank of America dropped roughly 1.2%, and Goldman Sachs inched up.
Bank of America stock slips after Fed holds rates: what traders watch next for BAC
Bank of America shares slipped 1.2% to $51.52 in Wednesday’s afternoon session, reacting as investors absorbed the Federal Reserve’s decision to hold U.S. interest rates steady. The Fed kept its policy rate between 3.50% and 3.75%, giving little indication on the timing of the next rate cut.
Fed holds rates, S&P 500 flirts with 7,000 as AI bets and dollar swings collide
The Federal Reserve held interest rates steady on Wednesday and said inflation remained “somewhat elevated,” keeping investors guessing on when — or if — the next rate cut comes this spring.
ServiceNow stock slips before earnings as Fed holds rates — what to watch in NOW shares
Shares of ServiceNow slipped 1.2% to $130.24 by Wednesday afternoon, erasing earlier gains as investors stayed cautious ahead of the company’s upcoming quarterly earnings report.
Newmont stock rises as gold breaks $5,300 — Fed signal and new targets set the tone
Newmont shares were up $1.93, or 1.5%, at $128.93 in afternoon trading on Wednesday, after touching a session high of $131.65. The stock’s low was $127.70.
Bitcoin price hovers near $90,000 as Fed decision looms and dollar steadies
Bitcoin climbed Wednesday, hovering just under $90,000 ahead of the U.S. Federal Reserve’s policy announcement. The cryptocurrency gained 2.52% over the last 24 hours, trading around $89,623, according to CoinMarketCap.
Silver price near $114 as Fed decision looms; SLV ETF climbs and Citi flags $150 target
Spot silver, for immediate delivery, climbed 1% to $114.13 an ounce on Wednesday, staying close to Monday’s record high of $117.69 as investors awaited the Federal Reserve’s rate decision. The iShares Silver Trust, a silver-backed ETF that trades like a stock, added roughly 1.1%. “The rally in the precious metals has kind of taken on a life of their own,” said Peter Grant, senior metals strategist at Zaner Metals.
Gold price breaks $5,300 record before Fed decision, lifting GLD and miners
Gold prices surged past $5,300 an ounce on Wednesday, hitting a fresh record as the U.S. dollar hovered near multi-year lows ahead of the Federal Reserve’s policy announcement. Spot gold jumped 1.9% to $5,289.48 by 12:45 p.m. ET, after reaching $5,311.31 earlier. Meanwhile, U.S. gold futures for February climbed 4% to $5,286.50. The Fed’s decision is scheduled for 2 p.m. ET, with traders closely watching Chair Jerome Powell’s remarks for hints on future interest rate moves.
Dow Jones flattens near 49,000 as S&P 500 hits 7,000; Fed and Big Tech earnings loom
The Dow Jones Industrial Average stayed close to unchanged on Wednesday as the S&P 500 briefly climbed above 7,000 before slipping back. Investors were on edge ahead of the Federal Reserve’s rate announcement and a slew of megacap earnings reports. By 11:31 a.m. ET, the Dow had edged up 49.62 points, or 0.10%, to 49,053.03. Chip stocks drove early gains, with Intel soaring 11.3%.
Robinhood (HOOD) stock slips ahead of Fed decision as Needham sticks with $135 target
Shares of Robinhood Markets dipped on Wednesday ahead of the Federal Reserve’s policy announcement. The stock fell roughly 0.6% to $104.64, bouncing between a high of $107.12 and a low of $103.63 during the session.
GE Aerospace stock dips after Boeing flags 777X engine durability issue as investors eye Fed
Shares of GE Aerospace fell 1.7% to $292.35 in midmorning trading in New York on Wednesday. The drop followed Boeing’s warning of a potential durability issue with GE engines on its 777X widebody. Boeing CEO Kelly Ortberg said the problem won’t delay the first deliveries, which remain slated for 2027.
Walmart stock price wobbles: WMT boosts pharmacy pay as Fed decision, earnings near
Walmart Inc shares were little changed on Wednesday, down about 0.1% at $116.87, after the retailer raised pay for thousands of pharmacy technicians as it leans harder into healthcare. Walmart said it elevated 3,000 roles to pharmacy operations team lead positions, lifting average pay to $28 an hour from $22, while expanding technician pay ranges up to $40.50 an hour and team lead pay potential up to $42 an hour plus bonus, depending on location. “This investment is really about supporting the pharmacy teams who show up for their communities every day,” said Kevin Host, Walmart’s senior vice president of pharmacy.
JPMorgan stock price holds near $300 as bank backs $1,000 ‘Trump Accounts’ match and traders eye the Fed
JPMorgan Chase & Co shares held steady Wednesday after the bank announced it will match the U.S. government’s one-time $1,000 contribution to “Trump Accounts” for children of eligible U.S. employees. The stock last dipped 3 cents to $300.28, moving between $298.11 and $300.45 earlier. CEO Jamie Dimon said the match aims to help workers “start saving early” and “plan for their family’s financial future.” Business Insider pointed out that BlackRock and Charles Schwab have made comparable commitments.
XRP price today: token holds near $1.90 as Fed decision nears, dollar stays soft
XRP gained roughly 1% on Wednesday, last trading near $1.90. It had climbed to $1.94 earlier before dropping back to $1.88.
Gold price cracks $5,300 as dollar sags and Fed decision looms
Gold prices pushed through $5,300 an ounce on Wednesday and set a fresh peak, extending a sharp run for the safe-haven metal. Spot gold was up 1.4% at $5,259.78 by 9:13 a.m. ET, after touching a record $5,311.31, while U.S. February futures jumped 3.4% to $5,254.10.
Dow Jones today: Dow hovers near 49,000 as Fed decision and mega-cap earnings loom
The Dow Jones Industrial Average 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%.
Bitcoin price nears $90,000 again as Fed decision looms and ETF flows flip
Bitcoin climbed 1.6% to $89,075 Wednesday, recovering from an intraday dip to $87,271 and a brief surge above $90,000 in early U.S. trading. Ether jumped 2.9% to $2,998.
Silver price near $113 as Fed decision looms; SLV edges up in New York trade
Spot silver rose $0.81, or 0.7%, hitting $112.90 an ounce in early U.S. trading Wednesday, after fluctuating between $110.59 and $116.24 during the session.
Nvidia stock up early after Reuters report on China H200 approvals, with Fed decision ahead
NVIDIA Corp shares rose 1.1% to $188.52 in early Wednesday trading, extending gains in chip stocks. Advanced Micro Devices ticked up 0.3%, Broadcom surged 2.4%, and the VanEck Semiconductor ETF gained 2.1%.