Nasdaq and S&P 500 slip while Dow hits record high
By Sinéad Carew and Sruthi
Shankar
Tue June 16, 2026
It was a day for tech to take a breather after yesterday’s enormous rally with tech coming down a massive 5.7% and while investors continue to digest the war and peace news, falling oil prices and rising financials pushed the Dow into a second day of records. All eyes will be on Fed comments tomorrow as Kevin Warsh as the new chair will report on whether rising oil prices continue to bleed into other sectors as they showed in May.