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January 29, 2026

Stocks hold near their all-time high while the dollar's value stabilizes

By STAN CHOE
AP Business Writer

NEW YORK — Few ripples washed through Wall Street Wednesday after the Federal Reserve decided to hold its main interest rate steady, just like investors expected.

The U.S. stock and bond markets each remained at a virtual standstill, while the U.S. dollar stabilized following its sharp recent slide. Some of the strongest action remained in the gold market, where the metal's price jumped to another record.


 
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