Global Markets Mixed: US Dollar Hits 4-Year Low, Fed Rate Decision Today
Business
M
Moneycontrol•28-01-2026, 09:19
Global Markets Mixed: US Dollar Hits 4-Year Low, Fed Rate Decision Today
- •Asian markets show mixed trends; GIFT Nifty sees slight gains while Nikkei and Straits Times decline.
- •US markets had a mixed day: Dow Jones fell 400 points due to UnitedHealth's 20% share drop, but S&P500 and Nasdaq reached new highs.
- •UnitedHealth's stock plummeted after indicating an earnings decline for 2026, wiping out over $55 billion in value.
- •Crude oil prices surged to a 4-month high (Brent near $68, WTI above $62) due to US-Iran tensions, reduced US production, and a weaker dollar.
- •Today's focus: US Fed's rate decision (no cut expected), and earnings reports from Microsoft, Meta, Tesla, IBM, GE Vernova, and AT&T.
Why It Matters: Global markets are volatile with a weak dollar, surging oil, and key Fed and corporate earnings decisions today.
✦
More like this
Loading more articles...
