US Futures Drift Ahead of Fed Meeting

2026-06-16 00:03 By Jam Kaimo Samonte 1 min. read

US stock futures drifted flat to slightly lower on Tuesday as investors awaited the Federal Reserve’s first policy meeting under new chair Kevin Warsh, with the central bank widely expected to keep interest rates unchanged.

Markets also remained focused on geopolitical developments amid expectations that the US and Iran will sign a peace agreement in Switzerland on Friday, a move that could lead to the reopening of the Strait of Hormuz.

In regular trading on Monday, the Dow advanced 0.92%, the S&P 500 climbed 1.65%, and the Nasdaq Composite surged 3.07%.

Seven of the 11 S&P sectors ended higher, with technology, communication services, and consumer discretionary stocks leading the gains.

Sentiment was boosted after President Donald Trump announced that the US and Iran had reached an agreement to end the war in the Middle East.



News Stream
US Futures Drift Ahead of Fed Meeting
US stock futures drifted flat to slightly lower on Tuesday as investors awaited the Federal Reserve’s first policy meeting under new chair Kevin Warsh, with the central bank widely expected to keep interest rates unchanged. Markets also remained focused on geopolitical developments amid expectations that the US and Iran will sign a peace agreement in Switzerland on Friday, a move that could lead to the reopening of the Strait of Hormuz. In regular trading on Monday, the Dow advanced 0.92%, the S&P 500 climbed 1.65%, and the Nasdaq Composite surged 3.07%. Seven of the 11 S&P sectors ended higher, with technology, communication services, and consumer discretionary stocks leading the gains. Sentiment was boosted after President Donald Trump announced that the US and Iran had reached an agreement to end the war in the Middle East.
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The Dow Jones Index Closes 0.92% Higher
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