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The Dow crossed the 52,000 threshold on a day when tech was holding back the S&P 500 and Nasdaq. The blue-chip index was up 440 points to about 52,115. Any close higher would be a record close after yesterday's milestone, but a close above 52,000 would mark just 12 days since it hit 51,000.
Bright Lake Wealth Management Founder Ted Thatcher joins Ashley Mastronardi on NYSE Live to discuss the latest record in the Dow Jones
Bloomberg's 500 wealthiest people reached a record $13.3 trillion in combined net worth.
Stocks were mixed at the open on Tuesday as Wall Street looked through lower oil prices and toward the start of the Federal Open Market Committee's June meeting. The Dow rose 315 points, or 0.6%. Any close higher would be a fresh record close for the Dow.
The S&P 500 index gained about 0.1%, while the Nasdaq Composite rose 0.3%.
Oil prices dropped below $80 a barrel Tuesday on optimism over the promised reopening of the Strait of Hormuz, easing inflation pressures on global economies even though traders are eyeing the risk of Iranian "service fees" on ships transiting the strait.Oil hit a three-month low as Brent North Sea crude, the international benchmark, dropped 4.0 percent to $79.87 a barrel, dipping below $80 for the first time since early March, before edging back up to $80.52.
Futures Suggest Little Early Direction: Dow Jones, S&P, NasdaqU. S.
Tuesday, The Wall Street Journal said GM and Lockheed were collaborating on using GM’s capacity to manufacture weapons.
Investing.com - U.S. stock futures were little changed on Tuesday, while oil prices extended recent losses, as investors awaited further details on a preliminary peace agreement between the United States and Iran.
News of the day for June 16, 2026
US equity futures were firm pre-bell Tuesday as the Dow Jones Industrial Average climbed to a new re
Pre-Market Stock Futures: Futures are trading modestly higher after a stunning opening to the week, as all major indices rocketed higher. The announcement of a cease-fire deal with Iran, which the leaders in that country acknowledged, called for reopening the Strait of Hormuz toll-free. While details will still be worked out over the next ... Here Are Tuesday’s Best Wall Street Analyst Research Calls: Dynatrace, Emerson Electric, Exxon Mobil, Flutter Entertainment, Genuine Parts, nVent Electric,
Markets are pausing after the S&P 500's best 3-day stretch in over a year, while SpaceX stock eyes a pass of Amazon by market cap
US equity markets were tracking in the green before the open Tuesday as traders await the Federal Re
The "Greatest Dividend Stock on Wall Street" is ideally positioned to benefit if the stock market rolls over.
Wall Street futures largely pointed sideways pre-bell Tuesday after three trading days in the green,
Wall Street closed higher on Monday after the United States and Iran reached a peace agreement, easing tensions in the Middle East and lifting investor sentiment.
June 16 (Reuters) - U.S. stock index futures were subdued on Tuesday as investors switched focus to the first interest rate decision under new Federal Reserve Chairman Kevin Warsh, while SpaceX
Global markets were broadly cautious on Tuesday as investors assessed the implications of a preliminary peace agreement between the United States and Iran, monitored a surprise policy move from the Bank of Japan and continued to track the extraordinary post-IPO surge in SpaceX (NASDAQ:SPCX). Futures Trade in Narrow Range Ahead of Fed MeetingU.
Federal Open Market Committee (FOMC) rate hikes might best be viewed as a necessary evil for Wall Street.
Stocks looked set to struggle for direction on Tuesday as investors took the opportunity to lock in some profit after the U.S.-Iran peace deal sparked a stellar tech rally. S&P 500 futures traded flat, and contracts tied to the tech-heavy Nasdaq 100 slipped 0.1%. The three major indexes all surged on Monday, with the Nasdaq having its best session since late March.
Wall Street finally got the U.S.-Iran peace deal announcement it’s been longing for. The Nasdaq Composite soared 3.1% today while the S&P 500 rose 1.7%. It was the second-best day of the year for the Nasdaq, according to Dow Jones Market Data.
<body><p>STORY: Wall Street's main indexes rallied on Monday, with the Dow gaining nearly 1% to notch a record-high close, the S&P 500 climbing about one-and-two-thirds percent and the Nasdaq soaring 3%.</p><p>Investors cheered the news of a preliminary deal between the U.S. and Iran to end their war and reopen the Strait of Hormuz. </p><p>Kevin Mahn is president and chief investment officer at Hennion & Walsh Asset Management.</p><p>"I believe that the theme of the day for investors is that a deal has been reached. We think the strait has been opened, we think, and the market has rallied, at least for now. Obviously, if the first two tenets of that theme start to get unwound, then we're going to see this market rally go in the opposite direction. But as it stands now, we believe that ultimately a deal between the U.S. and Iran will be signed in Switzerland on Friday and in all likelihood, tankers will start to pass through the Strait of Hormuz, and that should start to ease inflationary pressures that are a result of higher oil prices that have been in place now since the beginning of March."</p><p>U.S. crude futures settled down 4.9% and hit their lowest level since March, helping to lift shares of energy-sensitive airline and cruise companies and hurting energy stocks.</p><p>Easing inflation fears also helped boost technology stocks as investors were more comfortable taking on riskier bets.</p><p>Chip giant Nvidia gained 3.5% and Micron Technology jumped nearly 11% after at least two brokerages sharply raised their price targets for the stock.</p><p>Investors now turn their attention to the Federal Reserve's two-day policy meeting, which concludes Wednesday.</p><p>Traders expect the central bank to leave interest rates unchanged, but they'll be watching closely for signals from Kevin Warsh in his first press conference as Fed chair.</p></body>
Investors are starting to brace for the Fed's policy decision after its meeting, which begins today.
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