Stock market today: S&P 500 briefly touches 7,000 mark, Fed keeps rates unchanged
View original at finance.yahoo.comStock market today: S&P 500 briefly touches 7,000 mark, Fed keeps rates unchanged US stocks wavered Wednesday after the S&P 500 (^GSPC) vaulted briefly over the 7,000 mark ahead of earnings from megacap tech companies, while the Federal Reserve held interest rates steady in its first policy decision of the year…
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Trump brushed off the deepest drop in the dollar since his sweeping tariffs launched
80% confidenceTrump said he could announce Powell's successor any day now
80% confidenceThis is not part of a larger reduction to its workforce, emphasizing plans to continue to hire and invest in strategic areas
80% confidenceJassy wanted the company to operate like the world's largest startup
80% confidenceThe US always has a strong dollar policy
80% confidenceMarkets were pricing in two quarter-point rate reductions by the end of 2026
80% confidenceThe US is absolutely not intervening to support the yen
80% confidenceTrump said he wasn't concerned about the recent slide in the US currency
80% confidenceASML's customers have started to really believe in the sustainability of the AI demand
80% confidenceThe cuts are intended to reduce layers, increase ownership, and reduce bureaucracy
80% confidenceWhile we've seen encouraging signals in our Amazon-branded physical grocery stores, we haven't yet created a truly distinctive customer experience with the right economic model needed for large-scale expansion
80% confidenceThe rise of agentic AI means the stage is set for a sustained and meaningful increase in data generated and stored that will support inferencing
80% confidence
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