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SGX:L02 News 28 December 2025

Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Stock Market Today 28.12.2025

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Stock Market Today

  • US Stocks Near All-Time High as Dollar Stabilizes Post Fed Decision
    January 28, 2026, 6:13 PM EST. US stocks remained close to record highs after the Federal Reserve held interest rates steady, meeting investor expectations. The S&P 500 dipped slightly by 0.1%, while the Dow gained 12 points and Nasdaq rose 0.2%. Seagate Technology surged 19.1% on better-than-expected profits driven by AI demand. Nvidia gained 1.6%, boosted by strong forecasts from chipmaker ASML, easing fears of an AI bubble. Conversely, Amphenol's shares fell 12.2% despite strong earnings after a prior 23% jump this year. Apple dropped 0.7% ahead of its earnings report. The US dollar stabilized after recent declines, strengthening against the euro, pound, and yen amid no government intervention and Treasury Secretary Scott Bessent's comments supporting a strong dollar policy. Gold prices hit new records amid market caution.
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