S7/10Economic

US stocks: Nasdaq and S&P 500 slip while Dow hits record high ahead of Fed rate decision

Technology stocks pressured the Nasdaq and S&P 500 lower on Tuesday, while the Dow Jones Industrial Average achieved its second consecutive record close.

Investors digested Monday's rally and anticipated the Federal Reserve's policy update, with oil prices also declining. Financials and industrials saw gains as investors rotated out of tech.

16 Jun 2026, 20:01 UTCSource: Economic TimesOriginal source

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