From Investing.com: 2025-06-18 09:21:00

Stock prices moved lower on Tuesday, with the S&P 500 index closing down 0.84% amid escalating fears over the Middle East conflict. Today, the market is focused on the key FOMC decision, with no rate change expected. President Trump is pressuring Fed Chair Jerome Powell to lower rates. The S&P 500 is projected to open 0.2% higher this morning, continuing its consolidation. Investor sentiment has improved, with 36.7% of individual investors bullish and 33.6% bearish. The S&P 500 remains around the 6,000 level.

The Nasdaq 100 fell 1.00% on Tuesday, consolidating below 22,000. Support is at 21,500, with resistance at 22,000–22,200. The VIX dropped to 16.23 last Wednesday but rose to 22.00 by Friday due to Middle East tensions. It approached 22 again yesterday. A dropping VIX indicates less fear, while a rising VIX accompanies market downturns.

S&P 500 futures are near 6,050 after pulling back from 6,100. Support is at 5,980-6,000. Tuesday’s pullback extended consolidation in the S&P 500. The market may open slightly higher today. Uncertainty remains, but a breakout from the current trading range may be approaching. Markets await the FOMC update, with potential volatility ahead.



Read more at Investing.com: S&P 500: Stocks Face Uncertainty Amid Middle East Tensions, Data and Fed