Overnight US stocks | The three major indexes rose and fell differently, with the S&P 500 briefly surpassing 7000 points and gold recording its highest single-day increase.

date
06:01 29/01/2026
avatar
GMT Eight
As of the close, the Dow rose 12.19 points, or 0.02%, to 49015.60; the Nasdaq rose 40.35 points, or 0.17%, to 23857.45; the S&P 500 index fell 0.57 points, or 0.01%, to 6978.03.
On Wednesday, the three major indexes showed mixed movements. During the trading session, the S&P 500 index broke through the 7000-point mark for the first time in history, reaching a high of 7002.28 points. The Federal Reserve maintained the federal funds rate unchanged, with market expectations that the Fed will keep rates unchanged until the end of Powell's term. [US Stocks] At the close, the Dow rose by 12.19 points, or 0.02%, to 49015.60 points; the Nasdaq rose by 40.35 points, or 0.17%, to 23857.45 points; the S&P 500 index fell by 0.57 points, or 0.01%, to 6978.03 points. Intel Corporation (INTC.US) rose 11%, NVIDIA Corporation (NVDA.US) rose over 1%, and Micron Technology, Inc. (MU.US) rose 6%. The Nasdaq China Golden Dragon Index closed up 0.3%, while Alibaba Group Holding Limited Sponsored ADR (BABA.US) rose 1.7%. [European Stocks] The German DAX30 index fell by 91.30 points, or 0.37%, to 24816.93 points; the UK's FTSE 100 index fell by 55.50 points, or 0.54%, to 10152.30 points; the French CAC40 index fell by 86.14 points, or 1.06%, to 8066.68 points; the Euro Stoxx 50 index fell by 62.53 points, or 1.04%, to 5932.06 points; the Spanish IBEX35 index fell by 206.52 points, or 1.16%, to 17597.58 points; and the Italian FTSE MIB index fell by 343.94 points, or 0.76%, to 45096.50 points. [Cryptocurrency] Bitcoin hovered around $89,000, while Ethereum hovered around $3,000. [Metals] Gold surged $220 in a single day, hitting a record single-day increase. Spot gold broke through $5,400 per ounce for the first time, surging $220 in a single day. New York spot gold is currently at $5,393 per ounce, up about $310 for the day, both marking the largest single-day increase. [Crude Oil] Crude oil rose to a four-month high as US President Trump threatened to strike Iran again and urged Tehran to negotiate a nuclear agreement. WTI March futures rose 1.3% to settle at $63.21 per barrel; Brent March futures rose 1.2% to settle at $68.40 per barrel. [Macro News]: - The Fed kept rates unchanged as expected, with Wall and Milan casting dissenting votes. - Powell: Prices not expected to rise significantly without new tariff increases. - Media: The Fed has not yet complied with the Court's subpoena, Powell investigation ongoing. - Trump hints again he won't nominate Hassett to lead the Fed. [Individual Stock News]: - Strong revenue guidance boosts Meta stock by 10% in after-hours trading. - Microsoft Corporation's cloud business growth slows, stock falls 8% after hours.