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Nasdaq Futures Down 0.1%, S&P 500 Flat Ahead of First Warsh-Led Fed Decision

GateNews
IndicesStocks
SPX5000.45%
US2000-0.93%
According to Stocktwits market data, U.S. stock futures took a breather on Tuesday, June 16, ahead of Wednesday's Federal Reserve policy decision under newly appointed Chair Kevin Warsh, with Nasdaq futures down 0.1%, S&P 500 futures flat, and Russell 2000 futures up 0.2%. The pullback follows a strong rally driven by a U.S.-Iran agreement to reopen the Strait of Hormuz, removing geopolitical headwinds that have pressured global markets for over four months. Retail traders remain heavily focused on SpaceX, with options trading launching today amid speculation of a potential volatility-driven 'gamma squeeze,' while shares of other space and tech stocks including Rocket Lab USA and Qualcomm also command investor attention.
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