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Your daily horoscope: January 28, 2026

  IF TODAY IS YOUR BIRTHDAY Everything changes so fast nowadays that it can be hard staying on top of it all, but your mind will move so quickly this year that you have no trouble keeping on top of events. Change is good for you, and it’s exciting as well. ARIES (March 21 - April 20): If someone provokes you today don’t just blindly lash out at them. They may be in the wrong but it’s up to you how you choose to react. Is it worth getting worked up about? No it isn’t, so refuse to take it personally and just move on. TAURUS (April 21 - May 21): If someone turns up the heat on the work front today don’t get hot under the collar. They may or may not be justified in their actions but there is nothing they can do that will actually affect you in a negative way, so stay calm. GEMINI (May 22 - June 21): There are days when it all comes together and this could be one of them. Cosmic activity in your fellow air sign of Aquarius means you are in tune with the spirit of the times on every lev...
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Stock Market Today: S&P 500 Breaches 5,300 as Stocks Rally to Records After CPI

 


U.S. stocks rallied on Wednesday, with all three major indexes closing at record highs. A soft reading on consumer prices fueled hopes that the Federal Reserve could cut interest rates sooner than expected.
  • The S&P 500 rose nearly 1.2%, closing at 5,308.18, above 5,300 for the first time ever.
  • The Dow Jones Industrial Average jumped about 0.9%, creeping closer toward the 40,000 level.
  • The tech-heavy Nasdaq Composite climbed about 1.4%, notching its second record close in as many days.

The Consumer Price Index rose 0.3% over the previous month and 3.4% over the prior year in April, a deceleration from March. “Core” inflation, which strips out the cost of food and gas, also cooled. This relatively cool inflation reading led the 10-year Treasury yield to fall 4.35%, its lowest level in a month, and sparked new bets on Fed rate cuts as soon as September. Around 70% of traders now expect at least one cut by the September meeting, a notable increase from a week ago.

Stocks have ground higher amid rekindled confidence that the U.S. economy is in good enough shape for the Federal Reserve to start bringing down rates from their current historic highs. That optimism has fueled a resurgence in bullishness in the market.

Elsewhere on the macroeconomic front, retail sales fell flat last month, coming in well short of Wall Street’s expectations.

In summary, the stock market continues to surge, and investors are closely watching inflation data and Fed policy decisions.


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