On June 18, 2025, the US stock market experienced a mixed day with several key factors influencing the direction of major indices.
The Dow Jones Industrial Average slid by 0.7 percent, or 299.3 points, to close at 42,215.80. The S&P 500 and NASDAQ also saw declines, though the specific percentages for these indices were not as pronounced as the Dow's.
Several factors drove today's market direction. Investors were closely watching the upcoming Producer Price Index, as a hotter-than-expected reading could impact expectations for future Federal Reserve moves. Additionally, renewed tariff threats by Trump, targeting over 150 countries, sparked fears of another trade war, particularly with China. Geopolitical tensions in the Middle East and a recent Boeing crash in India further contributed to market anxiety.
In terms of sector performance, some notable gainers included Starbucks, which rose by 4.3 percent, Broadcom, up by 3.4 percent, and Palantir, Devon Energy, and CF Industries, each gaining between 2 percent and 3 percent. On the other hand, Freeport-McMoRan, Skyworks, HP, Lockheed Martin, and Intel were among the top losers, each falling between 2 percent and 6 percent.
Among the most actively traded stocks, UnitedHealth, IBM, Goldman Sachs, and Microsoft saw gains ranging from 0.4 percent to 2.2 percent, while Amgen, Coca-Cola, Procter & Gamble, and JPMorgan declined by 0.4 percent to 0.7 percent.
Significant market-moving news included Oracle's strong cloud earnings and Oklo's new government contract, which drove sharp gains, while GameStop's new debt plans and Boeing's incident led to declines.
Looking forward, pre-market futures indicated little change ahead of the Juneteenth holiday. Key events to watch for tomorrow include the release of economic data and any further developments in geopolitical tensions. Important upcoming earnings releases and potential market catalysts, such as the Producer Price Index, will continue to be closely monitored by investors.
In economic news, the Federal Reserve Board and Federal Open Market Committee released their economic projections from the June 17-18 meeting, which may influence market expectations in the coming days.
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