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Dow Futures Down 150 Points After Fed Leaves Rates Unchanged, Investors Fixate On Big Tech Earnings: Gold Sets A New Record - Apple (NASDAQ:AAPL), Lockheed Martin (NYSE:LMT)
Benzinga· 2026-01-29 02:14
Market Overview - U.S. stock futures are down, with S&P 500 Futures down 0.26% at 6,989.00, Nasdaq Futures down 0.22% at 26,098.50, and Dow Futures down 0.29% at 49,025.00 [2] - Asian markets opened higher, with Japan's Nikkei 225 up 0.17% at 53,449.08, driven by engineering, mining, and automotive stocks [3] Commodity Prices - Crude oil prices are rising, with WTI March futures at $63.57 per barrel, up 0.52%, and a weekly increase of 7.26% [2] - Precious metals are experiencing significant gains, with gold spot prices surpassing $5,500 per ounce, marking a record high [3] - Spot silver prices reached an all-time high above $117 per ounce, with year-to-date gains exceeding 60% [4] Currency and Economic Indicators - The U.S. Dollar Index (DXY) is down 0.04% at 96.287, reflecting a decline to four-year lows [4] - The market is anticipating upcoming Producer Price Index reports and speeches from key Federal Reserve officials [4]