The Fed's rate-setting stance skewed hawkish, pressuring US equities. The Dow fell 0.97%, the S&P 500 dropped 1.2% and the Nasdaq slid 1.3%. SpaceX (SPCX.O) -5%, NVIDIA (NVDA.O) -1%, Western Digital (WDC.O) +4%. The Nasdaq Golden Dragon China Index f

2026-06-18

The Fed's rate-setting stance skewed hawkish, pressuring US equities. The Dow fell 0.97%, the S&P 500 dropped 1.2% and the Nasdaq slid 1.3%. SpaceX (SPCX.O) -5%, NVIDIA (NVDA.O) -1%, Western Digital (WDC.O) +4%. The Nasdaq Golden Dragon China Index fell 1.1%; Li Auto (LI.O) -3%.