Stock market today: Live updates

Experience the electrifying atmosphere of the iconic New York Stock Exchange on an exhilarating day in January 2025.

Immerse yourself in the dynamic energy of the NYSE in full swing.

An aura of anticipation filled the room as investors eagerly awaited updates following the 2.3% fourth-quarter GDP growth rate, slightly below expectations.

The excitement builds as top companies prepare to unveil their financial results, with Apple scheduled to make announcements on Thursday. Amazon is gearing up for its upcoming tech reports.

Market fluctuations on Wednesday resulted in a decline in major indices due to a 4% drop in Nvidia. Market sentiment shifted after the Federal Reserve announced a pause in interest rate adjustments, keeping rates steady between 4.25% and 4.5%. Policymakers reiterated concerns about persistent inflation in their post-meeting statement.

“The message is clear that we will maintain stability until inflation subsides, which may not be immediate, so don’t anticipate rate cuts at the next meeting,” remarked Jeffrey Gundlach, CEO of DoubleLine Capital, during an interview on CNBC’s “Closing Bell” on Wednesday.

“Our current stance is resolute, reflecting the prevailing market stability, in line with [Jerome] Powell’s approach,” he added.

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