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NYSE:DJI 17 June 2026

Dow slips in New York after jobs data boosts rate-hike talk

Dow sinks 506 points after Fed decision leaves rates steady, risk of hike rises

Dow slips as Fed holds rates steady, signals possible hike this year. Index dropped Wednesday after a brief climb above 52,000 faded when the Federal Reserve kept rates unchanged and flagged a chance of higher borrowing costs ahead. The blue-chip index lost 506.51 points to finish at 51,493.16. The S&P 500 dropped to 7,420.72, while the Nasdaq Composite closed at 26,021.66.
17 June 2026
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Stock Market Today

  • Oil up 2% on Middle East worries, bonds hit as inflation jitters grow
    July 8, 2026, 12:12 AM EDT. Oil jumped 2% to $75.60 a barrel after fresh Middle East fighting and U.S. sanctions on Iranian crude raised flags about a fragile ceasefire and global supplies. Drawdowns in stockpiles are stoking inflation concerns, sending U.S. 10-year Treasury yields to a one-month peak near 4.565% as bond prices fall. Asian equities were mixed-Hong Kong traded higher but South Korea's tech-heavy index slid 1.5%. Shares in Samsung Electronics dropped 7% even after a sharp profit surge, weighing on the AI sector rally worldwide. The U.S. dollar firmed, hitting the euro and yen. Some strategists say geopolitical risks are adding to market recovery doubts, especially with U.S. Strategic Petroleum Reserve levels still low.
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