74
Markets2h 49m ago

The U.S. stock market is drifting as Wall Street waits to hear from the Federal Reserve about where it sees interest rates going, while a tentative U.S.-Iran deal is expected to be signed Friday.

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New York, Switzerland

Who
Federal Reserve, Wall Street, Kevin Warsh, Donald Trump, HSBC economists, Preston Caldwell, Morningstar, Elaine Kurtenbach
What
The U.S. stock market is drifting as Wall Street waits to hear from the Federal Reserve about where it sees interest rates going, while a tentative U.S.-Iran deal is expected to be signed Friday.
When
Wed, 17 Jun 2026 13:38:54 GMT · 2h 49m ago
Where
New York, Switzerland ·
Why
Wall Street is awaiting the Federal Reserve's announcement on interest rates and details of a U.S.-Iran deal, with optimism about the Strait of Hormuz reopening affecting oil prices.
The Frontline Impact

How this affects you

Global stock markets are showing mixed reactions with U.S. stocks drifting, Asian markets generally higher setting new records in some regions, and European markets flat, while oil prices remain volatile due to the anticipated U.S.-Iran deal.

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