US briefings — Wednesday, June 17, 2026

US pre-market: stocks steady before Warsh's first Fed decision, chips weigh on Nasdaq

US stock futures are slightly higher before the open as the market waits on the Federal Reserve's June 17 rate decision, the first chaired by Kevin Warsh. A hold is almost fully priced, so focus falls on the updated projections and his debut press conference. The Dow closed at a record while the Nasdaq fell on a semiconductor selloff, and oil's slide on US-Iran progress is easing inflation fears.