US FED Meeting Live | Dow Jones Live: Nasdaq, S&P fall over 1% as Fed holds rates; traders raise hike bets
Synopsis
FOMC Meeting Today Live Updates | US Stock Market Live: US stocks closed sharply lower on Wednesday after Federal Reserve officials indicated that an interest-rate increase remains possible later this year.
US market sinks after Fed flags possibility of rate increase.
FOMC Meeting Today Live Updates | US Stock Market Live: The Dow Jones Industrial Average fell 507 points, or 0.97%, while the S&P 500 dropped 1.21% and the Nasdaq Composite slid 1.34%, as investors reassessed the outlook for monetary policy under Fed Chair Kevin Warsh.
1 New Update
01:37:23 AM IST, 18 Jun 2026
US FED Meeting Live | Dow Jones Live: S&P, Nasdaq tumble over 1% after hawkish Fed message
The Dow Jones Industrial Average fell 507 points, or 0.97%, while the S&P 500 dropped 1.21% and the Nasdaq Composite slid 1.34%, as investors reassessed the outlook for monetary policy under Fed Chair Kevin Warsh.
01:04:51 AM IST, 18 Jun 2026
US FED Meeting Live | Dow Jones Live: US Fed chair Warsh says jobs data moving in 'good direction'
US Federal Reserve Chair Kevin Warsh said Wednesday that policymakers thought that labor markets were stable, adding that data showed an encouraging trend. "Trends matter more than data points," he told reporters. "I'd say the jobs data has been moving in a good direction."
12:57:39 AM IST, 18 Jun 2026
US FED Meeting Live | Dow Jones Live: Dollar rises 1% against pound as US Fed raises inflation outlook
12:50:16 AM IST, 18 Jun 2026
US FED Meeting Live | Dow Jones Live: Trump says US would do better without USMCA trade agreement
U.S. President Donald Trump on Wednesday said that the United States would do better without the U.S.-Mexico-Canada Agreement on trade and that he would prefer not to have a new one, but added that he was open to doing it.
12:49:46 AM IST, 18 Jun 2026
US FED Meeting Live | Dow Jones Live: Fed's Warsh met with inspector general on building renovations, expects report this summer
Federal Reserve Chairman Kevin Warsh on Wednesday said he had met with the central bank's inspector general, who told Warsh to expect a report to be issued this summer on the cost overruns from an ongoing building renovation project at the Fed's Washington headquarters complex.
The project became a highly political issue after the Trump administration opened a criminal probe of Warsh's predecessor Jerome Powell over the matter.
The project became a highly political issue after the Trump administration opened a criminal probe of Warsh's predecessor Jerome Powell over the matter.
12:46:30 AM IST, 18 Jun 2026
US FED Meeting Live | Dow Jones Live | US commits to lift all sanctions on Iran under agreed timetable in final deal framework: Iran state news agency
12:44:20 AM IST, 18 Jun 2026
US FED Meeting Live | Dow Jones Live | Iran, U.S. agree to resolve status of stockpiled enriched material through mutually agreed mechanism: Iran state news agency
12:42:55 AM IST, 18 Jun 2026
US FED Meeting Live | Dow Jones Live | Iran says it reaffirms commitment not to produce or acquire nuclear weapons: Iran state news agency
12:40:09 AM IST, 18 Jun 2026
US FED Meeting Live | Dow Jones Live: 'Nothing for you' when asked if he has spoken with Trump
Federal Reserve Chairman Kevin Warsh on Wednesday declined to say whether he had spoken with President Donald Trump since taking the helm of the central bank late last month, but said he has met with Treasury Secretary Scott Bessent.
"So on the president, I don't have anything for you," Warsh said at his first press conference since starting the job. "With respect to the Treasury secretary, he has been posting pictures of our breakfast, so ... I don't think I can deny that the long tradition at the central bank is that the Fed chairman and the Treasury secretary meet weekly. I think we've pulled off three of those so far. Believe he's overseas this week, so this will be the exception of the rule."
"So on the president, I don't have anything for you," Warsh said at his first press conference since starting the job. "With respect to the Treasury secretary, he has been posting pictures of our breakfast, so ... I don't think I can deny that the long tradition at the central bank is that the Fed chairman and the Treasury secretary meet weekly. I think we've pulled off three of those so far. Believe he's overseas this week, so this will be the exception of the rule."
12:35:47 AM IST, 18 Jun 2026
US FED Meeting Live | Dow Jones Live: Fed's Warsh wants markets to set own pricing based on data, not Fed guidance
Federal Reserve Chairman Kevin Warsh said Wednesday he’s like financial markets to price securities based on their own read of the economy rather than trying to price for what they think central bank officials think about the data.
“The more that markets are paying attention to what's happening in the real economy, deciding what's good data and what's less good data, the more financial markets can price what they believe is the most likely,” Warsh said at a press conference following the Federal Open Market Committee meeting. That will save the Fed from a situation where “all the financial markets are doing is reflecting back what we've said.”
“The more that markets are paying attention to what's happening in the real economy, deciding what's good data and what's less good data, the more financial markets can price what they believe is the most likely,” Warsh said at a press conference following the Federal Open Market Committee meeting. That will save the Fed from a situation where “all the financial markets are doing is reflecting back what we've said.”
12:33:38 AM IST, 18 Jun 2026
US FED Meeting Live | Dow Jones Live | Middle East developments do have an effect on our work, even if it isn't our responsibility: Fed's Warsh
12:31:43 AM IST, 18 Jun 2026
US FED Meeting Live | Dow Jones Live: Warsh says Fed debated rate hike proposal, offers little guidance on outlook
Federal Reserve Chair Kevin Warsh said that policymakers discussed a proposal to raise interest rates at the latest meeting, describing the deliberations as a "good family fight." However, he stopped short of providing any indication on the likelihood of a rate hike, underscoring the uncertainty surrounding the central bank's policy path as officials weigh evolving economic conditions.
12:26:45 AM IST, 18 Jun 2026
US FED Meeting Live | Dow Jones Live: US commits to lift all sanctions on Iran, says Tehran; talks on schedule ahead
Iran's Foreign Ministry spokesperson said Wednesday that the United States has committed to cancelling all types of sanctions on Iran, with a timeline to be worked out in upcoming negotiations. The announcement, carried by state news agency SNN, marks a significant development in the ongoing diplomatic efforts between Washington and Tehran, signalling a potential breakthrough in relations between the two countries.
12:21:36 AM IST, 18 Jun 2026
US FED Meeting Live | Dow Jones Live: Dot plot projections unconvincing as things change fast, says Fed's Warsh
"Policymakers note that dot plot projections not likely to be convincing in six weeks from now, not even in six days, as they see that things are changing quite quickly," said Fed chair Kevin Warsh on projections.
12:14:05 AM IST, 18 Jun 2026
US FED Meeting Live | Dow Jones Live: Review of inflation target of 2% not in the scope of review right now, says Fed chair Warsh
Federal Reserve Chair Kevin Warsh reaffirmed the central bank's commitment to its long-standing 2% inflation goal, saying he sees no reason to revisit the target until it has been achieved. Warsh added that the Fed has both the commitment and the capability to bring inflation back to 2%, underscoring the central bank's focus on price stability in his first meeting as chair.
12:09:13 AM IST, 18 Jun 2026
US FED Meeting Live | Dow Jones Live: US Fed chair Kevin Warsh to set up Task force in 5 areas
- Fed Communication
- Fed Balance sheets
- Fed Data sources
- Productivity & jobs
- Inflation framework
12:07:03 AM IST, 18 Jun 2026
US FED Meeting Live | Dow Jones Live: Fed's Warsh vows price stability as inflation stays well above 2% target
Federal Reserve Chair Kevin Warsh struck a resolute tone at his debut new conference, saying the FOMC is unanimous in its commitment to delivering price stability even as inflation remains well above the Fed's 2% goal. Warsh noted economic activity is expanding at a solid pace and said the change in Fed leadership presents a timely opportunity to review practices and reaffirm the central bank's core mission.
12:01:55 AM IST, 18 Jun 2026
US FED Meeting Live | Dow Jones Live: Fed Chair Warsh starts news conference
12:00:40 AM IST, 18 Jun 2026
US FED Meeting Live | Dow Jones Live: Trump thanks China's Xi, Russia's Putin for being 'neutral' in Iran war
U.S. President Donald Trump on Wednesday described Chinese President Xi Jinping and Russian President Vladimir Putin as "neutral" during the war with Iran, saying they had not thwarted his efforts to curb Tehran's nuclear ambitions.
"I just want to thank them because they made it a lot better," Trump said following the adoption of a ceasefire agreement in the conflict. Speaking at a press conference at the Group of Seven conference in Evian-les-Bains, France, Trump told reporters he was grateful to the leaders for staying out of the conflict.
"I want to thank China, President Xi. I was with him, and he stayed neutral, totally neutral, and I appreciate it," Trump said. "And I want to thank Vladimir Putin, he was very neutral. They could have made it much more difficult for us."
"I just want to thank them because they made it a lot better," Trump said following the adoption of a ceasefire agreement in the conflict. Speaking at a press conference at the Group of Seven conference in Evian-les-Bains, France, Trump told reporters he was grateful to the leaders for staying out of the conflict.
"I want to thank China, President Xi. I was with him, and he stayed neutral, totally neutral, and I appreciate it," Trump said. "And I want to thank Vladimir Putin, he was very neutral. They could have made it much more difficult for us."
11:41:02 PM IST, 17 Jun 2026
US FED Meeting Live | Dow Jones Live: US market retreats after Fed holds rates steady in Warsh debut
The Nasdaq Composite fell 0.93% and the S&P 500 lost 0.86%, while the Dow Jones Industrial Average declined 195 points, as investors assessed the Fed's outlook for inflation, economic growth and the path of future interest rates.
11:41:37 PM IST, 17 Jun 2026
US FED Meeting Live | Dow Jones Live: US Federal Reserve holds rates steady at Kevin Warsh's first FOMC meeting
The US Federal Reserve has decided to hold interest rates steady on Wednesday at Kevin Warsh's first meeting in charge of the central bank, with rate hikes potentially on the horizon to combat surging inflation. In a 12-0 vote, the Federal Open Market Committee (FOMC) policymakers decided to hold rates steady at 3.5%-3.75% range. (Read)
11:19:27 PM IST, 17 Jun 2026
US FED Meeting Live | Dow Jones Live: Senior US officials dictate memorandum with Iran to journalists
Senior U.S. officials dictated the memorandum of understanding with Iran to journalists Wednesday after days of secrecy, and Iran suggested that its deal with the United States could be signed by Presidents Donald Trump and Masoud Pezeshkian. Such an signing ceremony would represent a major step for the two countries, which saw diplomatic relations break off in 1980 over the U.S. Embassy hostage crisis in Tehran.
The U.S. officials spoke on condition of anonymity to read the the draft, which Iran has not released, ahead of formal signing ceremony set for Friday.
According to the officials, the draft agreement includes a new “minimum” standard for downblending of highly enriched Iranian uranium and has provisions to ensure the “territorial integrity” of Lebanon after Israel’s latest attacks against Hezbollah in Lebanese territory.
The U.S. officials spoke on condition of anonymity to read the the draft, which Iran has not released, ahead of formal signing ceremony set for Friday.
According to the officials, the draft agreement includes a new “minimum” standard for downblending of highly enriched Iranian uranium and has provisions to ensure the “territorial integrity” of Lebanon after Israel’s latest attacks against Hezbollah in Lebanese territory.
11:11:41 PM IST, 17 Jun 2026
US FED Meeting Live | Dow Jones Live: Trump administration to pay $765 mln to scrap four more offshore wind leases
The Trump administration on Wednesday announced a reimbursement settlement agreement with power project developer Invenergy to terminate four wind leases off the coasts of New York, California and Maine.
The Department of the Interior said in a statement that it will refund $765 million to Invenergy, which will use those funds to develop natural gas power plants in four Midwestern states and geothermal projects in the Western United States.
The Department of the Interior said in a statement that it will refund $765 million to Invenergy, which will use those funds to develop natural gas power plants in four Midwestern states and geothermal projects in the Western United States.
11:04:51 PM IST, 17 Jun 2026
US FED Meeting Live | Dow Jones Live: Meta head of product for 'AI for work' transformation is leaving company
A Meta executive overseeing a key piece of its restructuring around AI agents is leaving the company, according to an internal announcement seen by Reuters on Wednesday.
Emily Dalton Smith, who has been with the Facebook owner since 2015, previously held roles as a vice president of product management and head of product for Meta's Twitter-like microblogging app Threads.
Her departure comes about two months after Meta told employees she would be leading product work to improve internal AI tooling as part of a company-wide overhaul to center AI agents in both its products and its approach to work.
Emily Dalton Smith, who has been with the Facebook owner since 2015, previously held roles as a vice president of product management and head of product for Meta's Twitter-like microblogging app Threads.
Her departure comes about two months after Meta told employees she would be leading product work to improve internal AI tooling as part of a company-wide overhaul to center AI agents in both its products and its approach to work.
10:58:17 PM IST, 17 Jun 2026
US FED Meeting Live | Dow Jones Live: JetBlue to scale back Newark, LaGuardia operations, CNBC reports
JetBlue Airways plans to close its flight attendant base at New Jersey's Newark Liberty International Airport and tech operations bases there and at New York's LaGuardia this fall, CNBC reported on Wednesday. The move is part of efforts to cut costs and strengthen service in Florida's Fort Lauderdale airport, a profitable hub for JetBlue where it counts as the top carrier, the report said.
JetBlue held a 13% share of airline seats across five airports in the New York metropolitan area, including Newark, LaGuardia and JFK, at the end of 2025, according to its annual report.
JetBlue held a 13% share of airline seats across five airports in the New York metropolitan area, including Newark, LaGuardia and JFK, at the end of 2025, according to its annual report.
10:49:05 PM IST, 17 Jun 2026
US FED Meeting Live | Dow Jones Live: Dow sets new record as Nasdaq, S&P drift lower ahead of Fed meet
10:40:00 PM IST, 17 Jun 2026
FED Meeting Live | Dow Jones | US Stock Market Live: Nippon Steel sees strong American market lifting US Steel earnings
Nippon Steel, the world's No. 3 steelmaker, expects the American market to remain buoyant, supported by import tariffs and resilient demand, which could lift earnings at U.S. Steel beyond current forecasts, Vice Chairman Takahiro Mori said.
"We are confident that U.S. Steel will be able to post profits in excess of 100 billion yen ($624 million) this year," Mori said, adding that the strong market outlook through 2027 suggested additional upside. He said U.S. Steel would generate an annual profit of 300 billion yen to 400 billion yen in the long run.
Mori described U.S. conditions as highly favourable, with hot-rolled steel sheet prices above $1,200 per metric ton, more than double the level in Asia. To capitalise on the strong pricing environment, U.S. Steel resumed an idled Illinois blast furnace in March and is now running it at full capacity.
"We are confident that U.S. Steel will be able to post profits in excess of 100 billion yen ($624 million) this year," Mori said, adding that the strong market outlook through 2027 suggested additional upside. He said U.S. Steel would generate an annual profit of 300 billion yen to 400 billion yen in the long run.
Mori described U.S. conditions as highly favourable, with hot-rolled steel sheet prices above $1,200 per metric ton, more than double the level in Asia. To capitalise on the strong pricing environment, U.S. Steel resumed an idled Illinois blast furnace in March and is now running it at full capacity.
10:33:00 PM IST, 17 Jun 2026
FED Meeting Live | Dow Jones | US Stock Market Live: Saudi Aramco, seeking tens of billions of dollars, lines up more asset sales, sources say
Saudi Aramco is considering the sale of a stake in its sulphur business, three sources with knowledge of the matter told Reuters, extending a strategy of tapping its infrastructure assets to raise tens of billions of dollars. Aramco, the crown jewel of the world's largest crude exporter, has been seeking outside capital to fund the kingdom's ambitious diversification agenda amid mounting fiscal pressure. The oil giant has been actively seeking to sell assets, improve efficiency and cut costs, Reuters reported exclusively last year.
The total value of assets from its vast infrastructure empire that it may tap for fundraising could reach around $50 billion, according to one of the sources and Reuters calculations.
Aramco invited banks to pitch last month for the sulphur deal, known internally as Project Yellowstone, the sources said, and could raise up to $7 billion, o
The total value of assets from its vast infrastructure empire that it may tap for fundraising could reach around $50 billion, according to one of the sources and Reuters calculations.
Aramco invited banks to pitch last month for the sulphur deal, known internally as Project Yellowstone, the sources said, and could raise up to $7 billion, o
10:27:03 PM IST, 17 Jun 2026
FED Meeting Live | Dow Jones | US Stock Market Live: Trump says will discuss with Gulf nations Iran's ballistic missiles, terrorist proxies
U.S. President Donald Trump on Wednesday told reporters at the G7 meeting in France that the United States, in a parallel effort to the U.S.-Iran deal, will discuss Iran's ballistic missiles and terrorist proxies with Gulf nations. At a press conference, Trump said that Syria's leader would like to target Hezbollah, the Iranian proxy group, with "precision" inside Lebanon. The president also said that Lebanon's leader is expected to visit Washington in the coming weeks.
10:26:00 PM IST, 17 Jun 2026
FED Meeting Live | Dow Jones | US Stock Market Live: Allbirds soars over 48% after AI pivot, CEO change
10:17:00 PM IST, 17 Jun 2026
FED Meeting Live | Dow Jones | US Stock Market Live: Trump says he did not want to see economic catastrophe as he defends Iran deal
U.S. President Donald Trump on Wednesday defended the U.S. deal with Iran in his remarks at the close of a G7 summit in France, saying he did not want to see an economic catastrophe that could have been triggered by a continued war in the Middle East. "So the one thing I didn't want to see is, I didn't want to see economic catastrophe. If you kept this going, that could have happened," Trump told reporters in the lakeside resort of Evian-les-Bains. The U.S. president said he did not want to be like Herbert Hoover, who was serving as U.S. president in October 1929 when the stock market crashed, causing the loss of billions of dollars and triggering what became known as the Great Depression.
10:05:00 PM IST, 17 Jun 2026
FED Meeting Live | Dow Jones | US Stock Market Live: Trump says deal with Iran will be 'signed shortly'
President Donald Trump said on Wednesday his new pact with Iran will be signed shortly and that Iran wants to sign a deal.
"So, the deal we reached with Iran on Sunday will be signed shortly, tomorrow, maybe the next day," Trump told reporters. Earlier in the day, the U.S. president said his new agreement with Iran was not final and he could resume the war if he is unsatisfied.
"So, the deal we reached with Iran on Sunday will be signed shortly, tomorrow, maybe the next day," Trump told reporters. Earlier in the day, the U.S. president said his new agreement with Iran was not final and he could resume the war if he is unsatisfied.
09:51:47 PM IST, 17 Jun 2026
FED Meeting Live | Dow Jones | US Stock Market Live: Odyssey valued at $1.45 billion in latest funding round
AI lab Odyssey said on Wednesday it has raised $310 million in a funding round that valued it at $1.45 billion.
09:37:38 PM IST, 17 Jun 2026
FED Meeting Live | Dow Jones | US Stock Market Live: FDA nod sends uniQure shares soaring 78% to seven-month high
UniQure said the U.S. health regulator has reversed its earlier position and will accept existing trial data for an accelerated review of its Huntington's treatment, sending the Dutch drugmaker's U.S.-listed shares up over 78% to a seven-month high on Wednesday.
The U.S. Food and Drug Administration had indicated late last year that available data was insufficient to support a filing, with one senior regulator describing UniQure's therapy as a "failed product."
The U.S. Food and Drug Administration had indicated late last year that available data was insufficient to support a filing, with one senior regulator describing UniQure's therapy as a "failed product."
09:22:03 PM IST, 17 Jun 2026
FED Meeting Live | Dow Jones | US Stock Market Live: NYSE American most active stocks
09:08:26 PM IST, 17 Jun 2026
FED Meeting Live | Dow Jones | US Stock Market Live: Dow top gainers
08:59:06 PM IST, 17 Jun 2026
FED Meeting Live | Dow Jones | US Stock Market Live: US crude inventories decline for tenth week to over 20-year low, EIA says
U.S. crude oil inventories fell for a 10th straight week last week as demand surged, pushing total stockpiles to their lowest level since 1985 as the Iran war continues to upend global energy markets, the U.S. Energy Information Administration said on Wednesday.
Total crude inventories, including the commercial stocks and those in the Strategic Petroleum, plunged by 17.2 million to 758.5 million barrels last week, its lowest since March 1985, the EIA said.
The total stocks, including those from the strategic petroleum reserve, have fallen by 96.25 million barrels since the start of the Iran war, as countries around the globe have called on U.S. oil and products to fill supply gaps.
Total crude inventories, including the commercial stocks and those in the Strategic Petroleum, plunged by 17.2 million to 758.5 million barrels last week, its lowest since March 1985, the EIA said.
The total stocks, including those from the strategic petroleum reserve, have fallen by 96.25 million barrels since the start of the Iran war, as countries around the globe have called on U.S. oil and products to fill supply gaps.
08:48:11 PM IST, 17 Jun 2026
FED Meeting Live | Dow Jones | US Stock Market Live: SpaceX falls 6%, on track for first loss since Nasdaq debut
08:44:21 PM IST, 17 Jun 2026
FED Meeting Live | Dow Jones | US Stock Market Live: US crude stocks fall to its lowest since March 1985, EIA says
Overall US crude inventories fell last week to 758.5 million barrels, its lowest since March 1985, the Energy Information Administration said on Wednesday. Total inventories, including commercial stocks and those in the Strategic Petroleum Reserve, fell by 17.2 million in the week ended June 12, according to the data.
08:32:00 PM IST, 17 Jun 2026
FED Meeting Live | Dow Jones | US Stock Market Live: CarMax shares fall over 7% after CEO flags high costs, operational shortcomings
CarMax shares fell more than 7.5% on Wednesday as CEO Keith Barr flagged elevated costs and operational shortcomings, after the used-car retailer posted a dip in first-quarter profit amid squeezed margins. Used-car companies have struggled to maintain margins as affordability concerns weigh on retail demand in an uncertain economy, even as the increase in new-vehicle prices driven by higher U.S. tariffs is expected to steer more buyers toward pre-owned cars.
08:22:19 PM IST, 17 Jun 2026
FED Meeting Live | Dow Jones | US Stock Market Live: Dollar firms as markets await Fed decision and Warsh debut
The dollar edged higher on Wednesday ahead of the conclusion of the Federal Reserve's two-day policy meeting, the first to be chaired by Kevin Warsh, with markets closely watching for any signs of a hawkish shift from policymakers.
The Fed is widely expected to hold its benchmark rate steady in the range of 3.50% to 3.75%, though it may drop its easing bias from the policy statement. The U.S. central bank will also issue its Summary of Economic Projections and the closely watched "dot plot," offering markets a window into how Federal Open Market Committee members view the direction of monetary policy.
The Fed is widely expected to hold its benchmark rate steady in the range of 3.50% to 3.75%, though it may drop its easing bias from the policy statement. The U.S. central bank will also issue its Summary of Economic Projections and the closely watched "dot plot," offering markets a window into how Federal Open Market Committee members view the direction of monetary policy.
08:08:41 PM IST, 17 Jun 2026
FED Meeting Live | Dow Jones | US Stock Market Live: Trump says negotiations with Anthropic are 'going fine'
U.S. President Donald Trump said on Wednesday that negotiations with artificial intelligence company Anthropic are "going fine." Trump made the comment to reporters at the G7 summit after a meeting between leaders and tech bosses including Anthropic CEO Dario Amodei.
08:00:00 PM IST, 17 Jun 2026
FED Meeting Live | Dow Jones | US Stock Market Live: SpaceX slips 2%, on track for first loss since blockbuster IPO
SpaceX erased an early gain and fell over 2%. It's potentially on track for its first loss since its ballyhooed debut on the U.S. stock market last week.
07:55:02 PM IST, 17 Jun 2026
FED Meeting Live | Dow Jones | US Stock Market Live: Trump says he had good talks with Putin and Zelenskiy
President Donald Trump on Wednesday said he has had good talks with Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskiy on the sidelines of the G7 meeting in France.
Zelenskiy and his European allies came to this week's G7 summit in the French lakeside resort of Evian-les-Bains hoping to impress upon Trump that Ukraine's battlefield fortunes had improved thanks to its drone incursions deep into Russia.
Zelenskiy and his European allies came to this week's G7 summit in the French lakeside resort of Evian-les-Bains hoping to impress upon Trump that Ukraine's battlefield fortunes had improved thanks to its drone incursions deep into Russia.
07:52:04 PM IST, 17 Jun 2026
FED Meeting Live | Dow Jones | US Stock Market Live: Trump says he had good meeting with India's Modi, working on trade deals
U.S. President Donald Trump on Wednesday told reporters at the G7 meeting in France that he had a "very good" conversation with India's Prime Minister Narendra Modi, adding the two countries are working on trade deals.
07:40:18 PM IST, 17 Jun 2026
FED Meeting Live | Dow Jones | US Stock Market Live: US pending home sales increase to a six-month high in May
Contracts to purchase previously owned U.S. homes increased more than expected in May, though higher mortgage rates and tight supply remained constraints for the housing market.
The pending home sales index rose 3.8% last month to 76.8, the highest level since last November, the National Association of Realtors said on Wednesday. Contracts increased in all four regions, soaring 8.7% in the Northeast and surging 8.1% in the Midwest.
They jumped 4.8% year-on-year in May.
The pending home sales index rose 3.8% last month to 76.8, the highest level since last November, the National Association of Realtors said on Wednesday. Contracts increased in all four regions, soaring 8.7% in the Northeast and surging 8.1% in the Midwest.
They jumped 4.8% year-on-year in May.
07:26:28 PM IST, 17 Jun 2026
FED Meeting Live | Dow Jones | US Stock Market Live: S&P 500 top gainers
07:08:19 PM IST, 17 Jun 2026
FED Meeting Live | Dow Jones | US Stock Market Live: S&P, Nasdaq gain at open as chip stocks rebound before Fed
The Dow Jones Industrial Average rose 11.12 points, or 0.02%, to 52,010.79, the S&P 500 gained 8.44 points, or 0.11%, to 7,519.79 and the Nasdaq Composite gained 113.22 points, or 0.43%, to 26,489.56.
06:50:15 PM IST, 17 Jun 2026
FED Meeting Live | Dow Jones | US Stock Market Live: Oil rises 1% on US-Iran deal doubts; IEA warns of supply glut
Oil prices rose more than 1% Wednesday after U.S. President Donald Trump threatened to resume bombing Iran if it didn't "behave", but remained near three-month lows as the International Energy Agency warned of excess supply next year.
Brent crude futures were up 93 cents, or around 1.2%, to $79.89 a barrel at 1308 GMT, and U.S. West Texas Intermediate gained 79 cents, or 1%, to $76.84. Both contracts hit their lowest since early March earlier in the session.
Brent crude futures were up 93 cents, or around 1.2%, to $79.89 a barrel at 1308 GMT, and U.S. West Texas Intermediate gained 79 cents, or 1%, to $76.84. Both contracts hit their lowest since early March earlier in the session.
06:34:12 PM IST, 17 Jun 2026
FED Meeting Live | Dow Jones | US Stock Market Live: US retail sales beat expectations in May as energy costs stay high
US retail sales surged past expectations in May, government data showed Wednesday, boosted by greater spending at gasoline stations as energy costs remained elevated amid fallout from the Middle East war. Sales were up 0.9 percent from April at $763.7 billion, the Department of Commerce said.
This was a bigger jump than the 0.5 percent rise that economists surveyed by the Dow Jones Newswires and The Wall Street Journal expected.
This was a bigger jump than the 0.5 percent rise that economists surveyed by the Dow Jones Newswires and The Wall Street Journal expected.
06:28:00 PM IST, 17 Jun 2026
FED Meeting Live | Dow Jones | US Stock Market Live: Aluminium claws back ground as traders buy the dip
Aluminium climbed on Wednesday as dip-buying spurred a partial recovery from the steep drop in prices at the start of the week, when a U.S.-Iran peace agreement eased supply fears.
Benchmark three-month aluminium on the London Metal Exchange was up 0.6% at $3,408 per metric ton in official open outcry activity. The metal had slumped to a 2-1/2-month low of $3,334 in the previous session, when details of the U.S.-Iran memorandum to end the war in the Middle East began to emerge.
Benchmark three-month aluminium on the London Metal Exchange was up 0.6% at $3,408 per metric ton in official open outcry activity. The metal had slumped to a 2-1/2-month low of $3,334 in the previous session, when details of the U.S.-Iran memorandum to end the war in the Middle East began to emerge.
05:59:07 PM IST, 17 Jun 2026
FED Meeting Live | Dow Jones | US Stock Market Live: La-Z-Boy soars 16% on upbeat results; CarMax rises on revenue beat
Shares of La-Z-Boy surged 15.7% in premarket trading after the furniture maker reported fourth-quarter sales and profit that topped analysts' expectations. Used-car retailer CarMax also advanced 3.6% after posting first-quarter revenue that came in above Wall Street estimates, adding to positive sentiment in consumer-focused stocks.
05:57:28 PM IST, 17 Jun 2026
FED Meeting Live | Dow Jones | US Stock Market Live: Chip stocks rebound ahead of Fed; SpaceX extends rally after topping Amazon
Semiconductor stocks led premarket gains on Wednesday, with shares of Broadcom, Micron Technology, Advanced Micro Devices and Intel rising between 1.5% and 3.5% as investors positioned for the Federal Reserve's policy decision. SpaceX also advanced nearly 3%, extending its post-IPO rally after surpassing Amazon's market value a day earlier to become the world's fifth-most valuable listed company.
05:56:03 PM IST, 17 Jun 2026
FED Meeting Live | Dow Jones | US Stock Market Live: Oil hovers near 3-month low on US-Iran truce hopes, but uncertainty lingers
Oil prices remained near three-month lows on Wednesday as hopes for a lasting ceasefire between the United States and Iran eased concerns over supply disruptions through the Strait of Hormuz. Sentiment was supported by reports that the two sides had extended a fragile truce by 60 days to allow further negotiations, although some uncertainty persisted after US President Donald Trump said the memorandum of understanding was not yet final and warned military action could resume if talks falter.
05:53:22 PM IST, 17 Jun 2026
FED Meeting Live | Dow Jones | US Stock Market Live: All eyes on Warsh as markets await first Fed decision
Investors are closely watching the Federal Reserve's policy decision due at 2 p.m. ET, with the central bank widely expected to keep interest rates unchanged. Focus will be on Chair Kevin Warsh's first post-meeting press conference, where markets will seek clues on inflation, employment and the economic outlook. Traders currently see a nearly 43% chance of a 25-basis-point rate hike in December, while economists expect Warsh to strike a cautious tone and avoid signaling a major departure from the committee's stance.
05:51:42 PM IST, 17 Jun 2026
FED Meeting Live | Dow Jones | US Stock Market Live: S&P, Nasdaq futures edge higher as chip stocks rebound ahead of Fed decision
U.S. stock futures were mixed on Wednesday, with the S&P 500 and Nasdaq edging higher as a rebound in chip stocks lifted sentiment ahead of the first interest-rate decision under new Federal Reserve Chair Kevin Warsh. Investors remained cautious after Wall Street ended mixed in the previous session, following a powerful rally fueled by optimism over a U.S.-Iran peace deal that eased inflation concerns by sending oil prices sharply lower.