Global stocks slip from highs; investors wait on Fed


  • Markets
  • Wednesday, 27 Jan 2021

The Dow Jones Industrial Average fell 22.96 points, or 0.07%, to 30,937.04.

NEW YORK: Global stocks slipped from record levels on Tuesday, with investors cautious as the Federal Reserve kicked off its two-day policy meeting and U.S. lawmakers continued to debate a new stimulus plan.

Those concerns overshadowed impressive results from a slew of companies, including from General Electric and Johnson & Johnson, which had earlier pushed the S&P 500 to a record high.

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