Dow Jones stocks edged higher in the stock market today as investors awaited Powell's remarks and earnings from three tech titans.

The Dow Jones fell Wednesday ahead of the Fed interest rate decision and Fed Chair Powell's comments. Meta and Tesla earnings are next.

Stocks perked up slightly but were still trading lower as Federal Reserve Chair Jerome Powell began speaking on Wednesday. The Dow Jones Industrial Average was down 209 points, or 0.5%. The S&P 500 was down 0.

The Dow Jones Industrial Average is drying out just south of record highs above 45,000, with intraday price action testing the waters near 44,800. A topside break will see the Dow Jones chalking in fresh all-time peak bids, while a bearish turnaround will mark the major equity index’s first ‘lower high’ pattern since mid-2024.

Stocks closed lower Wednesday after the Federal Reserve left its key interest rate unchanged amid persistent inflation, as investors prepared for a slew of earnings reports from major technology companies.

Federal Reserve Chair Jerome Powell discussed the central bank’s decision to hold the benchmark federal-funds rate at its current range around 4.3% after three consecutive rate cuts beginning in September,

US stock indices advanced on Thursday, led by post-earnings gains in Meta Platforms and Tesla. At 10:01 am ET, the Dow Jones Industrial Average rose 102.06 points, or 0.23 per cent, to 44,815.58, the S&P 500 gained 28.

Fed chair Jerome Powell said asset prices were "elevated by many metrics" and a "good part" of that is due to AI and tech. Read more here.

The US Federal Reserve decided to hold its key interest rate steady on Wednesday (January 29), maintaining it in the range of 4.25%-4.5%. The decision by the central bank’s Federal Open Market Committee (FOMC) came as anticipated,