Stock Rally Pauses As Attention Turns To Warsh's First FOMC
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Source: Zero Hedge
Published: 2026-06-16 22:19 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Business, Education, Property, Asia, Technology & AI, Energy, Economy & Finance, China, Financial Markets, Labour & Workers, Property & Housing, Trade & Sanctions, Commodities, Business & Economy, Asia Pacific
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Snippet:
US futures are flat, pausing after a three-day rally with investors shifting their focus to this week's FOMC meeting, Kevin Warsh's first, which begins today. As of 8:00am ET, S&P futures are up 0.1% after surging 2% on Monday; and Nasdaq futures gain 0.3%, as SpaceX continued to surge, rising 11% overnight and on track for a more than 50% jump since going public, and briefly surpassing Microsoft's market value in afterhours trading.
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