US Stocks Rally Ahead of Fed Decision; Amazon to Cut 16,000 Jobs | Bloomberg Brief 1/28/2026
US equity futures rise after the S&P 500 hit an all-time high ahead of the Fed's rate decision. Meta, Microsoft and Tesla are among firms to report quarterly results on...
By Bloomberg Markets · Bloomberg Markets
US equity futures rise after the S&P 500 hit an all-time high ahead of the Fed's rate decision. Meta, Microsoft and Tesla are among firms to report quarterly results on the busiest day in market caps for earnings. Dollar steadies after its biggest drop since April as President Trump brushed off concerns of a weaker greenback. Amazon announces plans to lay off about 16,000 employees. Citi's Andrew Hollenhorst looks ahead to the Fed's rate path this year. (Source: Bloomberg)