By Shivdeep Dhaliwal
Publication Date: 2026-01-29 01:30:00
The stock market witnessed a mixed performance today as the S&P 500 and the Nasdaq indices showed varied results. The Federal Reserve’s decision to maintain the federal funds rate at 3.5%–3.75% has kept investors on their toes. The economic activity continues to expand at a solid pace, with inflation remaining somewhat elevated, according to the Federal Open Market Committee’s latest statement.
As investors await Fed Chair Jerome Powell‘s press conference, the market remains cautious amid political pressures on the central bank. The Department of Justice’s subpoenas related to Powell’s testimony have added to the tension.
The Dow was little changed, up 0.02% at 49,015.60, as the Nasdaq added 0.17% to 23,857.44 and the S&P 500 dipped 0.01% to 6,978.03.
These are the top stocks that gained the attention of retail traders and investors through the day:
Meta Platforms’ stock declined by 0.63%, closing at $668.73. The stock hit an intraday high of $677.68 and a low of…
