Stock market today: S&P 500, Nasdaq futures climb as Wall Street braces for Fed rate decision

2 days ago 4

Updated Wed, June 17, 2026 astatine 4:56 AM CDT 1 min read

US banal futures mostly roseate connected Wednesday arsenic techs eyed a rebound up of the Federal Reserve's interest-rate decision, the archetypal nether caller Chairman Kevin Warsh.

Contracts connected the tech-heavy Nasdaq 100 (NQ=F) jumped 0.8%, portion those connected the S&P 500 (ES=F) moved up 0.3%. Dow Jones Industrial Average futures (YM=F) were small changed aft the blue-chip benchmark closed astatine a grounds precocious amid uncertainty astir the US-Iran bid deal.

The cardinal slope is wide expected to clasp rates dependable connected Wednesday. As a result, investors volition absorption connected discerning Warsh's presumption of monetary argumentation and whether complaint hikes could beryllium connected the horizon. Hot ostentation information amid the warfare with Iran, combined with signs of a dependable occupation market, has taken complaint cuts disconnected the table.

Investors are besides debating whether the blocked lipid flows done the Strait of Hormuz could beryllium cleared quickly, arsenic they measurement the US-Iran interim woody to extremity their conflict. Bloomberg reported the substance of the 14-point memorandum connected Tuesday evening. The 2 sides are aiming to formally motion the statement connected Friday.

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