Market Review and Prediction Wall Street Index closed lower on Wednesday’s trading session after the Federal Reserve kept its benchmark interest rate unchanged during its meeting on January 28-29. A correction in Nvidia shares also weighed on the index. Nvidia shares weakened after Bloomberg News reported that the Trump administration had considered curbing the sale of the company’s chips to China following the emergence of AI DeepSeek. As expected, the Fed kept its benchmark rate at 4.25%-4.5%. However, the Fed’s statement outlined its cautious stance on inflation as the reason behind this decision. The market was disappointed, as it had previously been boosted by positive sentiment from President Trump’s statement last week, which would encourage faster interest rate cuts. Meanwhile, gold prices saw a correction due to the strengthening of the US dollar and rising US Treasury yields following the Fed’s decision. Crude oil prices also weakened due to the…
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