ASX briefings — Wednesday 17 June 2026

ASX morning brief: Dow sets a record as chips slide, Fed decision lands tonight

Wall Street rotated out of technology overnight: the Dow set a record while the Nasdaq fell 1.15% on a 5.7% drop in chip stocks. The S&P/ASX 200 carries Tuesday's 8,918 close into a Fed-eve session, with the FOMC's first decision under Chair Kevin Warsh due tonight and China activity data at midday.