Market Updates
Wall Street Indexes Attempt t
Barry Adams
18 Jun, 2025
New York City
Stocks on Wall Street attempted to move higher despite multiple brewing uncertainties on the horizon.
The S&P 500 index increased 0.2%, the tech-heavy Nasdaq Composite advanced 0.3%, and the yield on 10-year U.S. Treasury notes held steady near 4.4%.
Stock market indexes wavered around the flatline as investors awaited the Federal Reserve's rate decisions at 2:00 p.m. ET, and investors are awaiting the Fed's rate and economic growth outlook.
Benchmark indexes are approaching record highs despite worries of a fiscal cliff, U.S. global tariffs and U.S. budget uncertainties, and the protracted Israeli war on Iran that could disrupt energy supplies.
Investors are overlooking macroeconomic headwinds and the ongoing difficulties faced by millions of small businesses amid inconsistent and chaotic U.S. international trade policy.
U.S. Stock Movers
Korn Ferry jumped 10.4% to $73.70, and the executive and professional recruitment company reported better-than-expected earnings in the latest quarter.
The Los Angeles-based company reported fiscal fourth quarter adjusted earnings per share of $1.32 on revenue of $712 million.
Energy complex companies advanced for the sixth session in a row after Israel attacked Iran's nuclear and energy infrastructure.
Exxon Mobil Corp. increased 0.3% to $114.33, Chevron Corp. jumped 0.3% to $149.35, and ConocoPhillips gained 0.5% to $96.0.
Annual Returns
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Earnings
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