SignificantEconomyAssociated Press·Associated Press

US stocks sink on worries about a possible hike to interest rates this year by the Federal Reserve

The Federal Reserve released projections indicating that nine of eighteen policymakers foresee at least one interest rate increase this year. U.S. stocks declined, with the S&P 500 dropping 1.2%, the Dow Jones Industrial Average falling 507 points, and the Nasdaq composite sinking 1.3%.

Impact Score

7/10

Wednesday, June 17, 2026 at 06:23 PM EDT

Read original source →

More Signals

What to Know About the Controversy and Security Questions Surrounding Trump’s Qatari-Gifted Air Force OneEconomyJul 20 Trump says Qatari-gifted Air Force One will be ‘maxed out’ following reported security concernsEconomyJul 20 Trump imposes 50% tariffs on Canadian goods in response to ‘continued discrimination’EconomyJul 20 Trump admin taunts left for ‘praying’ for World Cup disaster as DOT touts record numbersEconomyJul 20 Jamie Dimon says markets underestimate risks and he wouldn't buy stocks or Treasurys at current pricesEconomyJul 20 Canada imposed an unfair tariff scheme on American cars. As a result, Canadian imports of U.S. cars fell ~22%, costing American industry BILLIONS. President Trump won't put up with Canada's trade schemes. The U.S. will levy a 50% TARIFF on some Canadian products. 🇺🇸EconomyJul 20

See the live signal feed at demegoria.com →