S&P 500 Futures Stall After 1.7% Jump as Brent Falls 1.3% to $82
Updated
Updated · Bloomberg · Jun 16
S&P 500 Futures Stall After 1.7% Jump as Brent Falls 1.3% to $82
3 articles · Updated · Bloomberg · Jun 16
Summary
S&P 500 futures were little changed after Monday’s 1.7% surge, with the US stock rally pausing before the first Federal Reserve decision under Kevin Warsh.
Brent crude fell 1.3% to about $82 a barrel even as warnings mounted that restoring oil shipments through the Strait of Hormuz could take time.
Other markets also turned quieter after the prior session’s bigger swings, with the dollar flat, Treasury yields easing and Bitcoin surrendering some gains.
The pause across assets reflects traders shifting from risk-on momentum to waiting for policy signals from the Fed and clearer guidance on Middle East supply risks.