Global stocks mixed as dollar slumps against euro - News Summed Up

Global stocks mixed as dollar slumps against euro


NEW YORK, Jan 28, 2026 (BSS/AFP) - Global stocks were mixed Tuesday ahead of a Federal Reserve interest rate decision and earnings from US tech giants while the dollar hit a four and a half year low against the euro. Major US indices moved in opposite directions, with gains by Apple, Amazon and other tech giants helping to lift the S&P 500 to a record, while the Dow retreated. While tech shares mostly rose, US health insurance stocks plunged after an announcement of a lower than expected pay increase related to a leading US government Medicare program. But the euro piled on more than one percent against the dollar, climbing to above $1.20 for the first time since 2021. The already weakened dollar fell again Tuesday afternoon after Trump seemed to welcome the weakening of the US currency, saying that the greenback was "doing great."


Source: Bangladesh Sangbad Sangstha January 28, 2026 03:18 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */