From Nasdaq: 2025-01-28 16:26:22

Stocks rebounded as investors awaited the outcome of the Federal Reserve’s policy meeting, with the Dow leading the gains. The Nasdaq and S&P 500 also recovered from steep losses triggered by AI. Pharma giants are gearing up for earnings, triggering a frenzy among call traders. Travel stocks are buzzing post-earnings, while Boeing unveils a new plan amidst dismal quarterly results. Gold stocks are enjoying a broader market rebound.

Trillions of dollars in federal funding programs are under review by the Trump Administration. The FDA approved weight-loss drug Ozempic for kidney disease and diabetes treatment. Crude oil and gold prices recovered from a tech-triggered pullback, with WTI crude climbing to $73.43 per barrel and gold settling at $2,772.60 per ounce.



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