Market 01/28: Fed Holds Rates, SPX Hits Record High, Gold Surges

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Key Headlines

• FOMC: Fed Holds Rates Steady

• Powell: Everything Remains Stable

• 30Y Mortgage Rates edge higher

• Gasoline inventories rise, oil falls

• China approves purchase of 400K H200 chips

• Bessent vows no USD sales for Yen

• ECB may cut rates early

• TXN ER: Positive Q4

• ASML ER: Q4 beats expectations

• SPX hits record high at 7000 - Gold, Silver unstoppable