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Stocks Rise Amid Fed's Steady Rates; Flight Collision Reported

1/30/2025

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Story summary
  • U.S. stocks experienced gains on Thursday, with the S&P 500 and Dow Jones up 0.3%.
  • Meta's shares increased by 2% following strong earnings, while Microsoft dropped 6% due to a weak revenue outlook.
  • The Federal Reserve maintained steady interest rates, citing persistent inflation concerns.
  • An American Airlines flight collided with a military helicopter near D.C., with 64 individuals aboard; casualties are unconfirmed.