Jun. 19 at 6:07 PM
$CRDO $SPX $COMP Dow Futures Fall as Trump Eyes Iran Decision in 2 Weeks,U.S. stock futures fell Thursday (Dow , S&P 500 , Nasdaq amid rising Israel-Iran tensions. Markets were closed for Juneteenth. Oil +2.7% to above
$77.
Trump will decide on a possible Iran strike “within the next two weeks,” citing a chance for negotiations. Reports say he approved plans but awaits signs Iran will halt nuclear activity. U.S. envoy is in contact with Tehran; any deal must ban uranium enrichment.
The Fed held rates steady, still projects 2 cuts in 2025, but Powell sees no urgency to act, citing solid jobs and persistent inflation.
Wednesday’s market: DJI , SPX , COMP , Russell 2000
Breakouts before Fed comments: JPM, CRDO, NTDOY, TKO, VIK, GH, ALAB.
10-year yield rose to 4.40%.