Nasdaq and S&P 500 slip while Dow hits record high

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.  

The Fed is expected to hold interest rates steady but the odds of a rate hike later in the year remain at a significant 42%. Volume came in at 20.98, just a hair above the 20.84 billion average. 

DJ: 51,671.03  +468.77     NAS: 26,683.94  +795.10        S&P: 7,554.29  +122.83         6/15

DJ: 51,999.67  +328.64     NAS: 26,376.34  -307.60         S&P: 7,511.35  -42.94             6/16

Tue 6-16-26 4:10 pm Nasdaq and S&P 500 slip while Dow hits record high | Reuters