June 18 – U.S. stocks rose on Wednesday, as investors kept a close eye on the Federal Reserve’s upcoming rate decision and shifting signals from the Middle East. The Dow Jones Industrial Average gained about 258 points, or 0.6%. The S&P 500 advanced roughly 0.5%, while the Nasdaq Composite climbed 0.6%. Oil prices slipped more…
The stock market often closes on federal holidays, but not all. So some people who trade stocks and bonds may not be aware of which holidays it observes. That’s especially true for Juneteenth being a newer holiday and some states, like New Jersey, celebrating on days other than June 19. If you’re hoping to trade…
The Club’s 10 things to watch Wednesday, June 18 — Today’s newsletter was written by Zev Fima, the Investing Club’s portfolio analyst 1. We’re on pace for a slightly higher open this morning as investors monitor the latest in the Israel-Iran conflict and gear up for Fed Chair Jerome Powell’s post-meeting press conference this afternoon….
The Federal Reserve’s latest “dot plot” outlining future interest rate moves suggests the central bank will still cut rates twice this year, unchanged from its March outlook, though June’s forecasts shows a more divided Fed weighing its next move on interest rates. The Fed announced Wednesday that it held its benchmark interest rate in a…
June 18, 2025 Jim Allworth Investment StrategistRBC Dominion Securities Key points Markets have largely recovered from their February-April swoon, leaving investors to contend with elevated valuations amidst policy and geopolitical uncertainty. Consensus earnings estimates for this year and next are robust enough to support those valuations as long as trade uncertainty doesn’t bring the prospect…
U.S. oil prices hovered near a five-month high on Wednesday as President Donald Trump weighed direct involvement in support of Israeli strikes on Iran, making it all but certain that gasoline prices would rise for Americans within days, industry analysts told ABC News. The U.S. West Texas Intermediate futures price — a key measure of…
Oil is up roughly 10% since the outbreak of the Israel-Iran conflict, with Wall Street warning of further upside risk if Iran — a major oil producer — is destabilized. On Wednesday, West Texas Intermediate futures (CL=F) was little changed to settle at $75.14 per barrel following a bigger than expected decrease of US oil…
We publish a lot of articles on how you might become a millionaire — and it’s true, you could become a millionaire. But young people can aim much higher than that: They could become multimillionaires, because they have a lot more time in which their money can grow for them. Here’s a look at a…
Household ownership of the U.S. stock market is near a record, but that could be a worrisome development, according to Ned Davis Research. Individual investors are the largest owner of stocks, having allocated roughly 48% of their assets to equities in the first quarter, analyst London Stockton said in a note. The comeback rally of…
Financial markets picked up the clear message when Donald Trump cut short his stay at the G7 summit in the Canadian Rockies this week. Despite calls from fellow western leaders to de-escalate the crisis, the president’s early return to the White House was taken as a sign that the US is considering joining Israel in…