Stock market today: Global stocks advance ahead of the Fed’s rate decision as panic over AI fades
- Asian stocks rose as investors awaited the Federal Reserve's rate decision, with most markets closed for the Lunar New Year holiday.
- The Nikkei 225 index in Tokyo gained 0.7% to 39,273.49, while Australia's S&P/ASX 200 also rose 0.7% to 8,455.70.
- Nvidia's stock increased by 8.8% after a steep drop, as concerns over Chinese AI company DeepSeek's advancements faded.
- The Federal Reserve is expected to maintain the federal funds rate, marking the first meeting without a rate cut since September.
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Total News Sources0
Leaning Left15Leaning Right2Center9Last UpdatedBias Distribution58% Left
Bias Distribution
- 58% of the sources lean Left
58% Left
L 58%
C 34%
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