News · Yahoo Finance

Stock Market Today, Oct. 28: Markets Edge Higher as Fed Holds Rates Steady

The S&P 500 rose 0.28% to 7,744, the Nasdaq Composite gained 0.27% to 26,550 and the Dow Jones Industrial Average added 0.19% to 52,475 after the Federal Reserve held rates steady. Gold rose 0.10% to $4,068.14, while the 10-year Treasury yield climbed 0.02% to 5.02%, crossing the 5% threshold. Vertiv Holdings jumped nearly 17% on bullish long-term AI infrastructure demand forecasts, Oracle surged 11% after an investor day with new financial targets, and F5 plunged over 20% on its guidance and an analyst downgrade. Chair Kevin Warsh stressed the committee's commitment to reducing inflation, and officials said further data would inform rate decisions at the December meeting. After the bell, Microsoft beat expectations, particularly for its Azure cloud unit, while Alphabet shares slid after its revenue and sales fell short of analyst predictions.

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Fedinterest ratesKevin WarshbondsS&P 500gold

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Close on 10/28/2026102.14
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Close on 10/28/2026772.35
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Close on 10/28/20264,067.54
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