Gold breaks above $5,000, Fed expected to hold rates steady

• A major snowstorm has slammed 23 states, leading to thousands of flight cancellations and nearly 1 million people without power.
• Investors are closely watching the Federal Reserve's decision this week, with markets pricing in a 97% chance of no change in interest rates.
• Key tech earnings reports are on deck from companies like Apple, Meta, Microsoft, Nvidia, and Tesla, which could significantly influence market direction.
• Gold prices have topped $5,000 per ounce for the first time, and silver is also hitting new highs, as investors flock to safe-haven assets.

This Yahoo Finance Morning Brief discusses a major snowstorm impacting 23 states, causing flight cancellations and power outages. Markets are anticipating a key week with the Federal Reserve's decision, expected to hold rates steady, and significant earnings reports from major tech companies. Precious metals are rallying as investors seek safety amidst economic uncertainties.