NASDAQ:CDT 18 June 2026

June 18, 2026, 12:36 PM EDT. The Dow Jones Industrial Average gained 201.65 points, or 0.39%, closing at 51,694.20, boosted by a bounce in chip stocks and declining oil prices which eased inflation concerns. Intel surged nearly 10% following news of a partnership with Apple on U.S. chip design, while Nvidia, Micron, and Marvell Technology also rose. The S&P 500 and Nasdaq outperformed the Dow, advancing 1.01% and 1.37% respectively. Despite the Federal Reserve holding rates steady at 3.50%-3.75% on Wednesday, investor caution remains due to ongoing hawkish signals and a 50% chance of a September rate hike. Market activity was influenced by a U.S.-Iran interim deal affecting energy prices. U.S. equity markets will close Friday for Juneteenth.