By William Collins, consultant in stock markets – Eurasia Business News, June 18, 2026. Article no 3015
The benchmark S&P 500 (SP500) finished +1.1%, while the Nasdaq Composite (COMP:IND) ended +1.9%, and the blue-chip Dow (DJI) closed +0.1%.
Treasury yields were lower after a Fed-led rise. The benchmark 10-year Treasury yield (US10Y) was 4 basis points lower at 4.46%, while the 2-year Treasury yield (US2Y) dropped 1 basis point to 4.19%.
In tech news, President Donald Trump announced Intel (INTC) will partner with Apple (AAPL) to design chips in the U.S. Shares of the semiconductor giant closed +10.8%. Other chip names were also higher.
Oil Slide
Brent crude traded below $79 a barrel and WTI fell into the mid-$75s as of June 18, reflecting a broad drop in energy prices. Trading Economics reported crude at 75.13 USD/bbl, down 2.17% on the day
Vice President JD Vance rebuked members of Israel’s government on Thursday for their criticism of President Trump’s agreement to pause the war with Iran and reopen the Strait of Hormuz.
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Gold and silver
Gold spot prices were about $4,202 per troy ounce and silver spot prices were about $65.49 per troy ounce.
Traders now see a nearly 70% chance of a Fed rate hike by September, versus roughly 30% before yesterday’s meeting, according to CME data.
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© Copyright 2026 – Eurasia Business News. Article no. 3015
Eurasia Business News 