The trader worked on the New York Stock Exchange on June 18, 2025.
NYSE
S&P 500 It fell on Friday as investors monitored the latest developments from the Middle East. Traders were also considering a future path for interest rate reductions through the Federal Reserve.
The broad market index fell 0.22% to close at 5,967.84. Friday marked the third consecutive loss session for the S&P 500. Nasdaq Composite It fell by 0.51% and settled at 19,447.41. Dow Jones Industrial Average It was marked at 35.16 points (0.08%) and closed at 42,206.82.
Chipstock has been under pressure following a US report by the Wall Street Journal You may cancel the exemption For some semiconductor manufacturers. nvidia Meanwhile, it fell by more than 1% Taiwan Semiconductor Manufacturing I slid about 2%. Vaneck Semiconductor ETF (SMH) It was nearly 1% lower.
The S&P 500 launched trading sessions higher after Federal Reserve Governor Christopher Waller said in July that central banks could cut prices as early as possible. “I think we’re in a position to do this,” Waller said in an interview with “Scoobox.”
“Whether the committee goes along with it or not, that’s my opinion,” he added.
This comes after Fed Chairman Jerome Powell said Wednesday that the central bank is not in a hurry to cut its benchmark rates, and will continue to rely on data, particularly as how President Donald Trump’s tariffs will affect the economy remains unknown. The S&P 500 closed slightly lower the day after those remarks.
Trump fell back into Powell on Thursday, with the Fed chairman saying delaying interest rate cuts is costing the US “hundreds of millions of dollars.” The president said “silly” Powell would probably not cut the rates ahead of the Fed’s decision on Wednesday.
Tensions over the Israeli-Iranian conflict remained high as Israeli Prime Minister Benjamin Netanyahu reportedly ordered Jerusalem’s troops to strike Iran’s “strategic targets” and “government targets.”
Trump is squeezing our involvement in the strikes to Tehran, and on Thursday the White House says he will make it. Final decision within the next two weeks. Trump previously called for Tehran to surrender completely, labeling the concept of “threatening and ridiculous” by Iran’s supreme leader Ayatollah Ali Khamenei.
Sam Stovall, chief investment strategist at CFRA Research, said: He also noted that the S&P 500 is trading at just 3%, about 3% below the recent 52-week high, saying, “The previous highs behave like rusty doors and require some attempts before they can finally swing.”
“I know that if geopolitical activities settle, it can be useful,” he continued.
The weekly S&P 500 was about 0.2% lower. The 30-stock Dow got a gain of 0.02% a week, while Nasdaq went ahead with 0.2%.
