Stock market loses steam in final hour of trading after initial gains during Powell's announcement

From Barron’s: 2025-06-18 15:17:00

The major indexes lost steam just before 3 p.m. ET, with the S&P 500 down 0.1%, the Dow down 32 points (0.1%), and the Nasdaq Composite flat. Throughout Powell’s tenure as Fed Chair, the stock market has trended higher between 2 p.m. ET and 3 p.m. ET on Fed days before falling in the final hour of trading.

Read more: The Powell Fade Is in Full Effect