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Here's what is happening in the markets today, Thursday, February 2
<ul>
 <li>All major indices higher after Fed announcement</li>
 <li>Fed hikes interest rates by 0.25 as expected</li>
 <li>Powell acknowledges drop in inflation</li>
 <li>Peloton (PTON) &amp; AMD (AMD) rally on earnings beat</li>
 <li>January strongest for Nasdaq in 22 years; S&amp;P 500 since 2019</li>
 <li>Gold hit a session high not seen since April.</li>
 <li>Facebook (META) rallies 19% after reporting earnings</li>
 <li>Fear Index VIX drops 8% below 18</li>
</ul>
PLUS: How we trade these markets and our current positions
This wraps up today's stock market news.
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