Dow climbs to record, Oil falls before Fed meeting
Dow Jones hit a record 51,851, up 1.27%, as falling oil prices after a preliminary U.S.-Iran deal boosted airline and travel stocks—United Airlines soared 6.4%, Delta 4.1%, American 5.2%—while Exxon Mobil and Chevron dropped 5%; the next key market driver is the Federal Reserve’s June 16–17 meeting, with rates expected to hold at 3.50%–3.75%.