Skip to content
Vanity Fair Fashion
Culture

Wall Street opens mixed as markets digest Big-Tech AI splurge

By Kim Browne

Wall Street opens mixed as markets digest Big-Tech AI splurge

Published Thu, Jan 29, 2026 · 10:41 PM

Wall Street opened mixed on Thursday (Jan 29), as investors waded through mega-cap tech results that showcased another surge in AI spending, while the Federal Reserve held rates steady as widely expected.

At 09:30 am ET, the Dow Jones Industrial Average rose 62.50 points, or 0.12 per cent, to 49,075.38, the S&P 500 gained 9.89 points, or 0.15 per cent, to 6,988.65 and the Nasdaq Composite lost 39.15 points, or 0.16 per cent, to 23,818.30. REUTERS

Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

Originally published by businesstimes.com.sg. Syndicated material does not necessarily reflect the views of Vanity Fair Fashion.

More Culture