{"id":48824,"date":"2025-01-29T22:28:46","date_gmt":"2025-01-29T22:28:46","guid":{"rendered":"https:\/\/thestockmarketwatch.com\/stock-market-news\/stock-market-recap-sp-500-dips-as-fed-holds-rates-steady-tech-giants-in-focus\/48824\/"},"modified":"2025-01-29T22:28:46","modified_gmt":"2025-01-29T22:28:46","slug":"stock-market-recap-sp-500-dips-as-fed-holds-rates-steady-tech-giants-in-focus","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-recap-sp-500-dips-as-fed-holds-rates-steady-tech-giants-in-focus\/48824\/","title":{"rendered":"Stock Market Recap: S&#038;P 500 Dips as Fed Holds Rates Steady, Tech Giants in Focus"},"content":{"rendered":"<p>The U.S. stock market closed lower on Wednesday, January 29, 2025, as investors digested the Federal Reserve&#8217;s latest policy decision and a flurry of high-profile earnings reports. The <a href=\"https:\/\/stockmarketwatch.com\/indices\/sp500\/today\" data-internallinksmanager029f6b8e52c=\"3\" title=\"snp500 today\">S&#038;P 500<\/a> ended the day down 0.47% at 6,039.31, while the <a href=\"https:\/\/stockmarketwatch.com\/indices\/dowjones\/today\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Dow Jones Today\">Dow Jones<\/a> Industrial Average slipped 0.31% to 44,713.52. The tech-heavy Nasdaq Composite fell 0.51% to 19,632.32.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-recap-sp-500-dips-as-fed-holds-rates-steady-tech-giants-in-focus\/48824\/#Fed_Holds_Rates_Steady_Powells_Comments_in_Focus\" >Fed Holds Rates Steady, Powell&#8217;s Comments in Focus<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-recap-sp-500-dips-as-fed-holds-rates-steady-tech-giants-in-focus\/48824\/#Tech_Giants_Report_Earnings\" >Tech Giants Report Earnings<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-recap-sp-500-dips-as-fed-holds-rates-steady-tech-giants-in-focus\/48824\/#Nvidias_Rollercoaster_Week_Continues\" >Nvidia&#8217;s Rollercoaster Week Continues<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-recap-sp-500-dips-as-fed-holds-rates-steady-tech-giants-in-focus\/48824\/#Other_Notable_Stock_Movements\" >Other Notable Stock Movements<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-recap-sp-500-dips-as-fed-holds-rates-steady-tech-giants-in-focus\/48824\/#Market_Outlook_and_Upcoming_Events\" >Market Outlook and Upcoming Events<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-recap-sp-500-dips-as-fed-holds-rates-steady-tech-giants-in-focus\/48824\/#Looking_Ahead\" >Looking Ahead<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Fed_Holds_Rates_Steady_Powells_Comments_in_Focus\"><\/span>Fed Holds Rates Steady, Powell&#8217;s Comments in Focus<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Federal Reserve, as widely expected, kept its benchmark interest rate unchanged at a target range of 4.25% to 4.5%. This decision marks a pause in the rate-cutting cycle that began in September 2024. Investors are now eagerly awaiting Fed Chair Jerome Powell&#8217;s press conference, his first in President Donald Trump&#8217;s second term, for clues on the future path of monetary policy.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Tech_Giants_Report_Earnings\"><\/span>Tech Giants Report Earnings<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>After the closing bell, several tech behemoths are set to report their quarterly earnings, including:<\/p>\n<p>&#8211; <b>Microsoft Corporation (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=MSFT\">MSFT<\/a>)<\/b>: Analysts expect earnings per share of $3.11, representing a 6.14% increase year-over-year.<br \/>&#8211; <b>Meta Platforms, Inc. (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=META\">META<\/a>)<\/b>: The consensus forecast is $6.68 per share, a 25.33% jump from the same quarter last year.<br \/>&#8211; <b>Tesla, Inc. (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=TSLA\">TSLA<\/a>)<\/b>: Expectations are set at $0.62 per share, an 8.77% increase from the previous year.<\/p>\n<p>These reports could significantly impact market sentiment in the coming days, particularly in the tech sector.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Nvidias_Rollercoaster_Week_Continues\"><\/span>Nvidia&#8217;s Rollercoaster Week Continues<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><b>Nvidia Corporation (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=NVDA\">NVDA<\/a>)<\/b>, the AI darling of Wall Street, saw its shares drop 3% on Wednesday, adding to an already volatile week. This follows a dramatic 17% plunge on Monday, which erased about $593 billion from its market value \u2013 the largest single-session loss for any company in Wall Street history. The selloff was triggered by news of a Chinese AI startup, DeepSeek, developing a sophisticated AI model that can compete with leading American models at a fraction of the cost.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Other_Notable_Stock_Movements\"><\/span>Other Notable Stock Movements<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>&#8211; <b>F5, Inc. (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=FFIV\">FFIV<\/a>)<\/b> surged 11.40% after the application security company&#8217;s fiscal second-quarter outlook beat Wall Street&#8217;s expectations.<br \/>&#8211; <b>Nextracker Inc. (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=NXT\">NXT<\/a>)<\/b> soared 24.28% following strong revenue results and better-than-expected earnings guidance.<br \/>&#8211; <b>ASML Holding N.V. (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=ASML\">ASML<\/a>)<\/b> rose 5% in U.S. trading after reporting a 169% jump in fourth-quarter net bookings, signaling robust demand for its chipmaking tools.<br \/>&#8211; <b>Apple Inc. (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=AAPL\">AAPL<\/a>)<\/b> shares were down nearly 2% in <a href=\"https:\/\/stockmarketwatch.com\/movers\/premarket\" data-internallinksmanager029f6b8e52c=\"7\" title=\"Premarket Movers\">premarket<\/a> trading, retreating from two days of solid gains.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Market_Outlook_and_Upcoming_Events\"><\/span>Market Outlook and Upcoming Events<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>As January draws to a close, the major indexes are all near record highs and on pace to post gains for the month. The Dow is up 5.4% so far in January, while the S&#038;P 500 and Nasdaq have gained 3.2% and 2.2%, respectively.<\/p>\n<p>However, some market analysts are cautioning about potential headwinds in the second half of 2025. Point72&#8217;s Steve Cohen warned that President Trump&#8217;s aggressive trade and immigration policies could slow economic growth, potentially causing markets to top out in the coming months.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Looking_Ahead\"><\/span>Looking Ahead<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Investors will be closely monitoring the following factors in the coming days:<\/p>\n<p>1. The outcome of the Fed&#8217;s policy meeting and Jerome Powell&#8217;s press conference<br \/>2. Earnings reports from tech giants and their impact on market sentiment<br \/>3. Ongoing developments in the AI sector, particularly the competition between U.S. and Chinese companies<br \/>4. Economic data releases, including GDP growth and inflation figures<\/p>\n<p>As always, market participants are advised to stay informed and maintain a diversified portfolio to navigate potential volatility in the months ahead.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. stock market closed lower on Wednesday, January 29, 2025, as investors digested the Federal Reserve&#8217;s latest policy decision 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