The Dow rose 332 points, or 0.6%, to finish at a record high. Despite the downward slide of oil prices, trading ahead of Wednesday’s Fed interest rate decision was relatively “light and featureless,” writes Joe Mazzola, head trading and derivatives strategist at Charles Schwab. Kevin Warsh’s first press conference as Fed chairman is the big event tomorrow (more on that below), but the U.S. Census is also set to release a significant economic barometer on Wednesday morning: May retail sales.
News
High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
Investors looked ahead to the Federal Reserve's next interest rate decision, the first to be delivered under Chair Kevin Warsh.
US stock futures rose modestly as investors looked ahead to the Federal Reserve's next interest rate decision, the first to be delivered under Chair Kevin Warsh.

<body><p>STORY: Wall Street's main indexes ended mixed on Tuesday, with the Dow gaining just under two-thirds of a percent to notch its second straight record-high close... while the S&P 500 shed more than half a percent and the Nasdaq dropped more than one percent.</p><p>Shares of Elon Musk's SpaceX ended nearly 5% higher, paring earlier gains. For much of the session, the rocket and AI company's value was above that of Amazon, and it briefly surpassed Microsoft's valuation, as retail investors continued to pour into the stock after its record-breaking IPO.</p><p>But Amol Dhargalkar, chairman and managing partner at Chatham Financial, warned of several risks that could trigger volatility for SpaceX and other AI-related stocks.</p><p>"I think that's a really difficult position to be in as a retail investor, especially when you consider the fact that there is a lot of risk, not just in the business model, but these are names where the cash flows are likely far into the future. And we are not in a period of 0% or negative interest rates or even declining interest rates at this point. </p><p>There's a lot of question as to whether interest rates will continue to be flat or will they go up. And that can certainly be a meaningful drag on valuations of high growth companies, especially where that growth is out far into the future."</p><p>Investors will look for clues on where interest rates are headed when the Federal Reserve concludes its latest two-day policy meeting on Wednesday, with Kevin Warsh holding his first press conference as Fed chair.</p><p>Other stocks on the move included shares of Olin, which sank nearly 6% after the chemical producer said it would acquire Huntsman in an all-stock deal valued at more than $2.4 billion. Huntsman shares also fell as the offer stood at a discount to the stock's recent price.</p><p>:: Yum Brands</p><p>And shares of Yum Brands rose after the fast-food company said it would sell its Pizza Hut chain for $2.7 billion, against a backdrop of softer consumer spending across the fast-food industry.</p></body>
Mohawk Industries currently trades at $111.44 per share and has shown little upside over the past six months, posting a middling return of 1%. The stock also fell short of the S&P 500’s 9.3% gain during that period.
In the closing of the recent trading day, NXP Semiconductors (NXPI) stood at $302.89, denoting a -4.11% move from the preceding trading day.
The latest trading day saw M/I Homes (MHO) settling at $145.04, representing a +2.65% change from its previous close.
Bowhead Specialty has been treading water for the past six months, recording a small loss of 1.8% while holding steady at $27.22. The stock also fell short of the S&P 500’s 9.3% gain during that period.
United Parcel Service (UPS) closed at $110.02 in the latest trading session, marking a +1.09% move from the prior day.
Western Union (WU) reached $7.26 at the closing of the latest trading day, reflecting a -3.07% change compared to its last close.
AngloGold Ashanti (AU) concluded the recent trading session at $93.93, signifying a +1.78% move from its prior day's close.
In the latest trading session, RTX (RTX) closed at $186.77, marking a +1.7% move from the previous day.
Since December 2025, Boise Cascade has been in a holding pattern, posting a small loss of 4.9% while floating around $72.09. The stock also fell short of the S&P 500’s 9.3% gain during that period.
Inflation continues to hit new highs, potentially with far-reaching effects on the market.
According to a media report, the bank wants to expand its digital services into at least three new European countries.
Boeing has followed the market’s trajectory closely, rising in tandem with the S&P 500 over the past six months. The stock has climbed by 10.6% to $228.58 per share while the index has gained 9.3%.
Retail investors reassess growth favorites as Robinhood’s job cuts ripple through a market tilting toward industrial and financial stocks, today, June 16, 2026.
Over the past six months, ESAB’s shares (currently trading at $97) have posted a disappointing 15.2% loss, well below the S&P 500’s 9.3% gain. This was partly due to its softer quarterly results and might have investors contemplating their next move.
The online brokerage still has plenty of upside potential.
Surgery Partners currently trades at $15.10 per share and has shown little upside over the past six months, posting a small loss of 2.7%. The stock also fell short of the S&P 500’s 9.3% gain during that period.
Markets like to believe that size is a kind of armor. The bigger a company gets, the safer it looks, until it stops feeling like a business and starts feeling like part of the furniture of the economy itself. That belief is doing a lot of work right now. Investors have spent the past two years ...
NEW YORK, June 16 (Reuters) - Wall Street was mixed on Tuesday as tech shares weighed on the S&P 500 and the Nasdaq while the Dow notched another record high and crude prices resumed their post-Iran-
The Dow Jones hit a new high and SpaceX kept rising. But chips and most AI stocks fell. Fed chief Kevin Warsh's comments will be in focus Wednesday.
On June 16, 2026, investors weighed Snap’s pricey new AR glasses against its long-term hardware ambitions and activist pressure.
Over the past six months, Etsy has been a great trade, beating the S&P 500 by 24%. Its stock price has climbed to $71.62, representing a healthy 33.2% increase. This was partly thanks to its solid quarterly results, and the run-up might have investors contemplating their next move.
KeyCorp trades at $22.54 and has moved in lockstep with the market. Its shares have returned 9.5% over the last six months while the S&P 500 has gained 9.3%.
Stock Yards Bank trades at $73.37 per share and has stayed right on track with the overall market, gaining 6.3% over the last six months. At the same time, the S&P 500 has returned 9.3%.
Major digital assets were weaker Tuesday, with Bitcoin (BTC-USD) falling below the $66,000 level.