Link copied
Tech Stocks Rally Ahead of Fed Rate Call. Dollar Falls After Trump Rout.
stock :: 2026-01-28 :: source - barrons
By George Glover
Stocks looked set to extend their record-breaking run on Wednesday following earnings reports from two chip companies, while the dollar looked set to carry on sliding after comments from President Donald Trump sparked a brutal selloff for the greenback. The tech-heavy index was racking up gains after semiconductor manufacturer Texas Instruments and chip tool maker ASML both issued solid guidance, which investors took as a sign that the artificial-intelligence boom still has legs. The Federal Reserve is also set to make its latest policy decision–the central bank is widely expected to keep interest rates unchanged, but Chair Jerome Powell’s comments could give the market a better idea of whether there’ll be scope for cuts to borrowing costs later in 2026.
More Stories
This week top market trends.
-
Morgan Stanley Sees 70% Surge for ASML Shares in Bull Case
2026-01-16 :: stock :: bloomberg -
Japanese game maker Nintendo reports robust profits on hit Switch 2 console
2026-02-03 :: companies :: apnews -
Adidas Plans €1 Billion Share Buyback as Profits Jump
2026-01-30 :: companies :: bloomberg -
Big Tech earnings to test AI rally as resurgent Alphabet takes lead
2026-01-28 :: watchlist :: reuters -
Ripple partners with Saudi bank unit on blockchain payments, custody
2026-01-27 :: deals & business :: cointelegraph
Recent global market news
-
Seagate forecasts quarterly results above estimates on strong data storage demand
2026-01-28 :: :: reuters -
Coinbase lets users borrow up to $1 million against staked ether without selling
2026-01-23 :: :: coindesk -
Sandisk stock surges on huge profit beat, Deckers stock soars, Apple earnings beat estimates
2026-01-30 :: :: yahoo finance
