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Source document· January 28, 2026

Stock market today: Dow, S&P 500, Nasdaq waver as Fed holds rates steady, Big Tech earnings loom

View original at finance.yahoo.com
Stock market today: Dow, S&P 500, Nasdaq waver as Fed holds rates steady, Big Tech earnings loom US stocks wavered Wednesday after the Federal Reserve held interest rates unchanged in its first policy decision of the year…
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  • This is not part of a larger reduction to Amazon's workforce, emphasizing plans to continue to hire and invest in strategic areas and functions that are critical to the future

    80% confidence
  • While Amazon has seen encouraging signals in Amazon-branded physical grocery stores, they haven't yet created a truly distinctive customer experience with the right economic model needed for large-scale expansion

    80% confidence
  • ASML's customers have started to really believe in the sustainability of the AI demand

    80% confidence
  • Trump said he wasn't concerned about the recent slide in the US currency

    80% confidence
  • The cuts are intended to reduce layers, increase ownership, and reduce bureaucracy

    80% confidence
  • The US is absolutely not intervening to support the yen

    80% confidence
  • The US always has a strong dollar policy

    80% confidence
  • Trump said he could announce Powell's successor any day now

    80% confidence
  • Amazon should operate like the world's largest startup

    80% confidence
  • The 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

Data points we hold from this source

Board of Governors of the Federal Reserve System · interest rate range3.5-3.75 percent
What we know · the intelligence behind this page
Live from the substrate
What we're seeing
Q4 2026 Oncology Data Season and Biotech Capital Allocation: ESMO Readouts, Ivonescimab PDUFA, and Diverging Corporate Moves
Late-2026 biotech is driven by a dense catalyst calendar. ESMO 2026 delivers data from ivonescimab, Enhertu, R-DXd and bemarituzumab, and the FDA has set a 14 Nov PDUFA date for the ivonescimab BLA. Capital allocation is diverging. Krystal Biotech authorized a $400M buyback while lowering FY2026 spend guidance and pushing milestones into 2027. Spago is moving to delist from Nasdaq First North. The facts are clinical and corporate events, not AI or fintech, so the finance angle is limited to capital markets (buybacks, guidance, delistings, regulatory timelines).
Our read on the data ›
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EPKINLY Regulatory-Clinical Success Cascade
High probability of expanded label indications, additional combination approvals, and competitive positioning strength in follicular lymphoma market. Predicts positive commercial uptake and potential accelerated review for related indications.
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Where sources disagree
Ford Motor Company
Both facts give cash for Ford Motor Company at the same point in time (2025-12-31; FY 2025 year-end and Q4 2025 year-end are the same date). Both are labelled USD, but the values are 23,356,000,000 and 23.356, which cannot both be true in USD. The two numbers agree once the second is read as billions (23.356 bn = 23,356,000,000), so the economic content is consistent and the conflict is a unit/scale error in the Q4 2025 record. The period is not the reason for the conflict: a Q4 and an FY figure at the same year-end date should match.
We flag conflicts openly ›
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