(Updates with index/price moves and macroeconomic news from the first paragraph.) US equity index
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Energy stocks declined late Wednesday afternoon with the NYSE Energy Sector Index falling 1.5% and t
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.
Dow Hits Milestone High as Investors Watch Fed and Iran Developments
Asked about the dot plot, which included nine committee members that penciled in higher rates by the end of the year, Kevin Warsh pointed out that he saw they were written in pencils, rather than pen. Warsh said he did not submit a dot, and said there will be a review of communications broadly, including dots and press conferences.
Stocks remained lower after Federal Reserve Chairman Kevin Warsh began his first press conference in the role. The Nasdaq was down 0.5%. Warsh began by saying he was welcomed by fellow bankers, who he says he’s listened closely to for “a lot of new ideas, new thinking, and genuine interest in moving the Fed forward.”
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.
Energy stocks declined Wednesday afternoon, with the NYSE Energy Sector Index decreasing 0.8% and th
(Updates with latest market prices and developments.) US benchmark equity indexes were mixed intr
Broad Market Indicators Broad-market exchange-traded funds IWM and IVV were mixed after midday We
(Updates with index/price moves and political/macroeconomic news from the first paragraph.) US eq
DIA climbs to a 52-week high as investors favor large-cap value stocks amid easing oil prices and strong bank earnings.
The stock market was rising ahead of Kevin Warsh’s first Federal Open Market Committee meeting press conference. The Dow was up just 135 points, or 0.3%, after hitting another record on Tuesday. The Nasdaq was up 0.4%.
June 17 (Reuters) - The main U.S. stock indexes opened higher on Wednesday, as chip stocks rebounded ahead of the first interest rate decision under new Federal Reserve Chair Kevin Warsh.
Stock Market Today: The Dow Jones index wavered Wednesday ahead of the Fed's decision and Fed Chair Warsh's comments. SpaceX stock rallied.
The market has the most to lose if the central bank raises interest rates. Its rally is powered by tech and AI, making it risky, risky, risky.
US stocks look set for a cautious start on Wednesday as investors await the first Federal Reserve interest rate decision under new chair Kevin Warsh, with the focus less on the immediate policy outcome and more on the route forward. Futures point to a flat open for the Dow Jones and S&P...
News of the day for June 17, 2026
US equity futures were slightly higher pre-bell Wednesday as traders await the Federal Reserve's rat
The Fed is expected to hold rates steady, while SpaceX stock continues its post-IPO climb and chip stocks also advance
Wall Street futures pointed moderately higher pre-bell Wednesday, as oil prices steadied well under
U.S. stock futures rose as further details on a memorandum of understanding between the U.S. and Iran lifted sentiment.
Tesla stock is down early Wednesday. Shares of the electric-vehicle maker were down 0.3% in premarket trading at $404.66, while futures were up 0.1% and futures were down 0.1%. The move came despite Argentina’s energy company, YPF and Tesla signing a memorandum of understanding to explore the development of a fast-charger network.
Stocks were on track to rise Wednesday after more details about the U.S.-Iran peace deal leaked, bolstering hopes that the two countries are on the brink of reaching an agreement to end the war in the Middle East. Futures tracking the tech-heavy Nasdaq 100 gained 0.5%, while S&P 500 futures added 0.1%. The market looked set for a broader rally on Wednesday after The Wall Street Journal reported that the U.S. would allow Iran to immediately begin selling oil and fuel under the deal to end the war, citing people familiar with the agreement.