From Yahoo Finance: 2025-06-18 00:31:00

U.S. stocks closed mixed after the Federal Reserve hinted at potential interest rate cuts. The S&P 500 remained nearly unchanged, while the Dow Jones dipped 0.1% and the Nasdaq rose 0.1%. Treasury yields held steady as officials projected two rate cuts by the end of 2025, aiming to address inflation concerns.

The Fed’s plan to reduce rates could benefit households and businesses. However, concerns remain about the impact on inflation. Inflation has been moderate, but recent oil price spikes due to Israel-Iran tensions could add pressure. Fed Chair Powell emphasized the uncertainty surrounding tariffs and the need for caution.

Trump stated that Iran has reached out to him regarding its nuclear program. On Wall Street, Nucor’s stock rose following profit growth expectations. The S&P 500 fell slightly, and bond market yields remained stable. Mixed reports on the U.S. economy showed a decline in jobless claims but fewer home constructions.

Global stock markets saw mixed performances. Tokyo’s Nikkei 225 rose 0.9%, while Hong Kong’s Hang Seng fell 1.1%. The situation remains uncertain as economic indicators fluctuate, with investors closely monitoring geopolitical tensions and their impact on financial markets.



Read more at Yahoo Finance: Wall Street ends mixed after the Fed says it’s still waiting to see the effects of Trump’s tariffs