LIVE BLOG16 Jun 2026 | 06:06:37 PM IST Dow Jones Today Live Updates: US stocks futures edge higher on Tuesday. SynopsisDow Jones Today | US Stock Market Live: Nasdaq and Dow futures edged higher on Tuesday as investors turned their attention to the first interest-rate decision under new Federal Reserve Chair Kevin Warsh, while SpaceX extended its post-IPO rally for a third straight session.Dow Jones Today | Nasdaq | S&P 500 Live Updates: The blue-chip Dow closed at a record high on Monday after U.S. President Donald Trump announced that Washington and Tehran had reached a preliminary agreement to end the conflict. The development sent crude prices sharply lower, easing inflation concerns and boosting expectations that the Federal Reserve could maintain a less hawkish policy stance. Show more Show less1 New UpdateDow Jones| Nasdaq | US Stock Market Today | Live: Brent oil price drops under $80 on US-Iran dealDow Jones| Nasdaq | US Stock Market Today | Live: S&P 500 nears record high as Wells Fargo lifts target on earnings, Iran dealThe benchmark S&P 500 edged closer to its early-June record highs on Tuesday, extending its recovery from a recent pullback driven by concerns over elevated technology valuations and the U.S.-Iran conflict. Adding to the bullish sentiment, Wells Fargo raised its year-end 2026 target for the index to 7,950, citing resilient corporate earnings and a preliminary agreement between Washington and Tehran that has eased geopolitical and inflation concerns.Dow Jones| Nasdaq | US Stock Market Today | Live: Chip stocks rally as oil slump lifts sentiment after Dow's record closeU.S. chipmakers advanced in premarket trading on Tuesday, extending a broader market rally sparked by easing Middle East tensions and a sharp drop in oil prices. Memory-chip stocks led the gains, with Micron Technology rising 3.5%, while Western Digital and Seagate Technology jumped 9.1% and 7.7%, respectively. The gains followed a record close for the Dow on Monday after President Donald Trump announced a preliminary U.S.-Iran agreement, easing inflation concerns by sending crude prices sharply lower.Dow Jones| Nasdaq | US Stock Market Today | Live: US futures edge higher ahead of Fed decisionU.S. stock futures inched higher on Tuesday as investors turned their attention to the first interest-rate decision under new Federal Reserve Chair Kevin Warsh, while SpaceX extended its post-IPO gains for a third straight session. At 7:06 a.m. ET, Dow E-minis rose 50 points, or 0.1%, S&P 500 E-minis added 0.03%, and Nasdaq 100 E-minis gained 0.24%, supported by strength in technology shares.Dow Jones| Nasdaq | US Stock Market Today | Live: SpaceX rallies nearly 10% after $60 billion Anysphere acquisitionSpaceX shares surged 9.7% in premarket trading on Tuesday, putting Elon Musk's space and AI company on track to overtake Amazon and become the world's fifth-most valuable listed firm. The gains came after SpaceX announced a $60 billion acquisition of software company Anysphere, a move aimed at expanding its footprint in the fast-growing enterprise AI market.Dow Jones| Nasdaq | US Stock Market Today | Live: Fed decision looms as markets await Warsh's inflation viewInvestors are bracing for the Federal Reserve's first policy decision under Chair Kevin Warsh, with the central bank widely expected to keep interest rates unchanged at 3.50%-3.75% on Wednesday. Markets will closely parse Warsh's comments on inflation, unemployment and the economic outlook for clues on the future path of monetary policy, as persistent price pressures remain more than a percentage point above the Fed's 2% target. Traders currently see a 42% chance of a 25-basis-point rate hike in December, while rate cuts are not expected until after mid-2027, according to CME's FedWatch tool.