US markets today: Stocks hover near record highs as investors await Fed decision; Nvidia, Caterpillar and Teradyne lead gains

Oct 29, 2025 - 20:00
US markets today: Stocks hover near record highs as investors await Fed decision; Nvidia, Caterpillar and Teradyne lead gains

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US stocks hovered near record highs as investors awaited the Federal Reserve's interest rate decision, with tech and industrial giants like Nvidia and Caterpillar driving gains. Corporate earnings reports, particularly from Teradyne and CVS Health, also boosted sentiment, while Asian markets closed higher. Investors are closely watching for hints on future rate cuts amid economic uncertainties.

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