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Stocks fell to session lows after Kevin Warsh wrapped up his first press conference as Fed chairman. The Dow fell 410 points, or 0.8%. The S&P 500 fell 1.1%. The Nasdaq dropped 1%. Warsh signalled big changes could be coming to how the central bank communicates, but he mostly said changes will be made after convening various task forces.

Stocks were lower again as Kevin Warsh didn’t seem particularly interested in the market’s reaction to his first press conference as Fed chairman. “This is a lot of change for financial markets to digest,” Warsh said, referring to efforts to reshape the central bank. Warsh said he plans to form task forces to better deliver on the Fed’s goals.

Fed policymakers now see no interest rate cuts in 2026 after previously projecting one cut for this year back in March. Officials estimate their target range for the federal-funds rate will be 3.8% at the end of 2026, unchanged from its current level, according to the so-called "dot plot" from the Fed's latest Summary of Economic Projections released Wednesday. Notably, nine officials projected the Fed’s benchmark interest rate to be higher than it is today by the end of the year.

Stock Market Today: The Dow Jones index wavered Wednesday ahead of the Fed's decision and Fed Chair Warsh's comments. SpaceX stock rallied.

Bitcoin is trading at approximately $65,829 as Federal Reserve Chair Kevin Warsh steps in to chair his first FOMC meeting. While traders analyzing whether the central bank will hike or hold this Wednesday have priced in a 3.50-3.75% rate hold at a 97.4% probability per the CME FedWatch tool, the true market driver remains Warsh’s impending forward guidance.

Potential interest rate increases (and downstream effects such as higher bond yields) could mean trouble for the stock market, especially if they coincide with new tariffs.

Microsoft has reportedly abandoned talks with Oracle to lease $3 billion in AI computing power after a stalemate over federal security regulations.

Amazon.com (AMZN) is facing a potential lawsuit from the U.S. Federal Trade Commission over allegati

"Show me" story CarMax in buy zone as archrival Carvana looks to disrupt auto retailing again.

Oil prices dropped below $80 a barrel Tuesday on optimism over the promised reopening of the Strait of Hormuz, easing inflation pressures on global economies even though traders are eyeing the risk of Iranian "service fees" on ships transiting the strait.Oil hit a three-month low as Brent North Sea crude, the international benchmark, dropped 4.0 percent to $79.87 a barrel, dipping below $80 for the first time since early March, before edging back up to $80.52.

Investors should expect a leaner, quieterFederal Reserve coming up very soon. That’s Morgan Stanley’s forecast for Kevin Warsh’s debut as Chair of the Federal Reserve which includes a warning to Wall Street about the central bank’s near-term rate path and long-term communications style. Morgan ...

A federal judge handed Elon Musk his second defeat against OpenAI after finding xAI failed to show OpenAI improperly obtained confidential info.

Investing.com -- The U.S. Federal Reserve may struggle to justify a more dovish stance on monetary policy even if oil prices retreat following an easing of tensions in the Middle East, as persistent underlying inflation pressures remain entrenched.

At $16.67, SoFi Technologies (NASDAQ:SOFI) screens as compelling at current levels. Shares have shed roughly 38.89% over the past six months as a hawkish Federal Reserve under Kevin Warsh punished high-beta fintech, and the market is now pricing a 30%-growth digital bank like a stressed subprime lender. SoFi runs a one-stop digital banking platform with ... Buy, Hold, or Sell: Dropping 42% in 6 Months Is SoFi an Absolute Steal at $16?

A Redditor shared the kind of story that makes everyone reach for the calculator. A friend put roughly $1 million into Direxion Daily Semiconductor Bull 3X Shares (NYSEARCA:SOXL), watched the position bleed down to about $200,000 during the 2025 tariff-war selloff, refused to sell, and then cashed out near $7.5 million when the AI chip ... He Watched His $1M ETF Investment Crash to $200k. Then He Cashed Out at $7.5 Million

The report is accused of falsely describing AI use at UBS, NHS Greater Manchester, Swiss Federal Railways and TfL.

While interest rates are widely expected to remain unchanged, Warsh and the Federal Open Market Committee (FOMC) appear set to make a subtle yet powerful monetary policy change.

These stocks were made for times like these.

The stock market's expensive valuation is particularly concerning alongside the prospect of higher interest rates.

"Imports were down and exports were up.”

FedEx built its reputation on speed with overnight packages, reliable routes, and trucks that became part of the daily routine and business districts across the country. Now, the company is trying to make that massive delivery system leaner through its Network 2.0 transformation project to reduce ...

The unemployment rate says the job market is holding steady. Goldman Sachs analysts, though, say that might not tell the whole story. In a fresh note shared with me, the firm argues that the labor market is softer than the headline 4.3% unemployment rate suggests. They argue that the job market is ...

Wall Street snapped a three-day losing streak on Thursday, but the rally lost steam by midday. Hot inflation data and Middle East tensions are keeping investors cautious ahead of SpaceX's historic IPO.

(Bloomberg) -- The US Supreme Court shielded funds from some investor lawsuits, ruling that an 86-year-old federal statute doesn’t authorize shareholders to sue over bylaws and management decisions.Most Read from BloombergXbox Plans Significant Layoffs as New CEO Plans OverhaulHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’US Strikes Iran in Trump Escalation Over Stalled Peace TalksOracle Falls Most in Six Months on Mounting Data Center CostsTech Stocks Sink as Oil Jumps on US-Iran

At $106.97, ServiceNow (NYSE:NOW) looks dislocated from fundamentals. The stock has shed 16.2% in a week and 30.17% year to date as a new Federal Reserve chair takes over and the software sector flushes, creating a setup where price has detached from fundamentals. ServiceNow runs the dominant workflow automation platform for the Global 2000, and ... Buy, Hold, or Sell: Dropping 21% in a Week as a New Fed Chair Steps In, Is ServiceNow an Absolute Steal at $107?

At this point, any layoff news is not a surprise. And while the numbers often appear smaller in the company context, the impact on the people left to search for new jobs in this economy is significant. Despite the recent May jobs report, which said 172,000 new jobs were added, with over 90,000 ...

<body><p>STORY: Wall Street's main indexes tumbled on Wednesday, with the Dow dropping almost 1.9%, the S&P 500 shedding 1.6% and the Nasdaq falling nearly 2%.</p><p>:: Archive</p><p>Renewed tensions in the Middle East added to investor uncertainty, with President Donald Trump saying the U.S. would attack Iran again "very hard" following a significant exchange of fire overnight.</p><p>Chip makers continued to drag on the market, extending their recent declines. Shares of Nvidia lost more than 3.5%, while Broadcom dropped more than 5%.</p><p>Gina Martin Adams is chief market strategist at HB Wealth.</p><p>"We've had a pretty tough go for the last few days in the equity market, really starting in the middle of last week. We started to see a little bit of rotation out of technology stocks as the earnings season is finally finished. That was clearly the big catalyst for gains. Now we're starting to see markets react a little bit to friction that has reemerged in the Middle East. So you've got two different influences on the equity market right now. Investors are rotating out of tech after the enormous run that it had had since the end of March, and Middle East tensions, which are flaring up again."</p><p>:: Oracle</p><p>In other tech names, shares of Oracle, down more than 2% at the close, dropped further in extended trading after&nbsp;</p><p>the company reported quarterly revenue that narrowly beat Wall Street expectations. Its results came amid concerns about Oracle's spending and AI-driven disruption to traditional software demand. The company also said it expects to raise nearly $40 billion through a combination of debt and equity financing in fiscal 2027.</p><p>:: Archive</p><p>Shares of Super Micro Computer nosedived 28% after the company announced plans to raise $7 billion through a series of equity and equity-linked transactions to fund component purchases for its growing AI server demand.</p><p>:: Archive</p><p>And shares of trucking companies dipped after Amazon announced an expansion of its freight services, with shares of J.B. Hunt, XPO and Old Dominion all suffering losses.</p><p>Meanwhile, data from the Labor Department showed U.S. consumer prices increased 4.2% in the 12 months through May, the largest gain since April of 2023.</p><p>While the Federal Reserve is widely expected to hold interest rates steady at its policy meeting next week, investors are now pricing in at least one rate hike by the end of the year.</p></body>

President Donald Trump threatened to strike Iran again after negotiations were taking “too long.”

AI hardware shares slide as investors digest Super Micro’s massive stock sale, hot inflation, and rising tensions in the Gulf, today, June 10, 2026.

Bullion fell below $4,175 as rising oil prices fueled inflation concerns and increased rate-hike risks.