Wall Street stocks rebounded on Thursday after the prior session’s pullback triggered by a Federal Reserve policy outlook that signalled possible rate hikes ahead. according to RTHK, the dollar continued to strengthen on the Fed outlook, while oil prices were mixed as markets weighed when the reopening of the Strait of Hormuz will boost crude supply.
The S&P 500 rose 1.1% to 7,500, the Dow Jones Industrial Average added 0.1% to 51,564, and the Nasdaq gained 1.9% to 26,517.
Briefing.com analyst Patrick O'Hare said Wednesday’s losses created an opportunity for bullish investors. Major US indices had fallen about 1% or more on Wednesday after newly installed Fed Chair Kevin Warsh highlighted the central bank’s commitment to price stability as the Fed raised its inflation forecast and projected a rate hike in 2026.
Wall Street Rebounds as S&P 500 Gains 1.1% After Fed Outlook Signals Possible Hikes
2026-06-18 22:52:44
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
