Stock Market Update
15-Jun-26 15:35 ET
Oil retreats ahead of this week's FOMC meeting
Dow +572.49
at 51774.75,
Nasdaq +741.33
at 26651.16,
S&P +124.98
at 7556.44
[BRIEFING.COM] Gains across the major averages remain unwavering with just half an hour left in today's session.
While the retreat in oil prices has done little to alter the market's expectations that Wednesday's FOMC meeting will not result in any changes to the Fed funds target rate, expectations for a rate hike by the December FOMC meeting have modestly decreased.
