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Federal Reserve 27 January 2026 - 28 January 2026

Wall Street’s Fed Day: US stock futures rise as traders eye today’s economic calendar and Big Tech earnings

Wall Street’s Fed Day: US stock futures rise as traders eye today’s economic calendar and Big Tech earnings

U.S. stock index futures ticked higher early Wednesday, with chipmakers pushing the gains as traders braced for a Federal Reserve announcement and a packed earnings calendar. By 5:40 a.m. ET, S&P 500 E-minis were up 0.36%, Nasdaq 100 E-minis climbed 0.9%, and Dow E-minis inched 0.06% higher. Nvidia added 1.7%, Intel jumped 6.6%, and Seagate surged 11.3%. Texas Instruments also rose after delivering a strong outlook.
Gold price breaks $5,300 record as dollar slides ahead of Fed decision

Gold price breaks $5,300 record as dollar slides ahead of Fed decision

Gold prices surged past $5,300 an ounce Wednesday, hitting a new record as the dollar hovered near four-year lows and investors sought refuge in bullion. Spot gold jumped 1.7% to $5,275.68, peaking at $5,311.31, while U.S. February gold futures soared 3.7% to $5,271.70. The metal has gained over 20% this year. “Any one of the candidates … will probably be less resistant than Powell to Trump’s demands,” said WisdomTree commodities strategist Nitesh Shah, following President Donald Trump’s announcement that he will soon pick a Fed chair.
28 January 2026
Gold breaks $5,300 as dollar hits 4-year low; mining stocks jump ahead of Fed call

Gold breaks $5,300 as dollar hits 4-year low; mining stocks jump ahead of Fed call

Gold broke through $5,300 for the first time on Wednesday as the dollar slid to near four-year lows after President Donald Trump called its value “great” and said he would soon name his pick to head the Federal Reserve. Spot gold rose 2.3% to $5,305.65 an ounce by 0832 GMT, after a record $5,311.31; U.S. February futures climbed 4.3% to $5,301.90. OANDA’s Kelvin Wong pointed to a “very strong” inverse link to the dollar, while Tastylive’s Ilya Spivak said markets were “getting defensive” ahead of Chair Jerome Powell, with the Fed expected to hold rates steady.
28 January 2026
Sandfire Resources stock jumps 3% near fresh highs as copper jitters ahead of Fed call

Sandfire Resources stock jumps 3% near fresh highs as copper jitters ahead of Fed call

Sandfire Resources Ltd climbed 2.7% to close at A$20.25 on Wednesday, nearing the upper end of its 52-week range despite a slight drop in the broader market. The stock fluctuated between A$19.545 and A$20.35 during the session. Meanwhile, the S&P/ASX 200 slipped 0.09%, even as big miners BHP Group and Rio Tinto gained roughly 1.7% and 2.4%, respectively.
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