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BOSTON/LONDON, Jan 29 - U.S. equity indexes dipped and Treasury yields pushed higher on Wednesday after the Federal Reserve held interest rates steady and gave little insight into when further reductions in borrowing costs may take place.
European shares had earlier climbed to a record high as strong results from Dutch chip equipment maker ASML , sent its stock soaring 5.5% and hoisted the wider tech sector , by 2.5%. In bond markets, the 10-year U.S. Treasury yield rose 2.2 basis points to 4.571%, while the 2-year note yield, which typically moves in step with interest rate expectations for the Fed, increased 3.1 basis points to 4.236%.
Meta CEO Mark Zuckerberg said on Friday the company plans to spend as much as $65 billion this year to expand its AI infrastructure, putting costs above Wall Street estimates. The dollar index , which measures the greenback against a basket of currencies including the yen and the euro, was flat.
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