National

Wall St opens higher as Iran deal optimism offsets hawkish Fed

By Reuters Reuters
FILE PHOTO: A trader works at his post on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 1, 2026. REUTERS/Brendan McDermid/File Photo
FILE PHOTO: A trader works at his post on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 1, 2026. REUTERS/Brendan McDermid/File Photo Brendan McDermid Reuters

Wall Street's major indexes advanced on Thursday with technology shares leading gains as optimism about a Middle East peace deal offset worries about a hawkish Federal Reserve under new Chair Kevin Warsh.

The Dow Jones Industrial Average rose 79.3 points, or 0.15%, to 51,571.85. The S&P 500 rose 67.3 points, or 0.91%, to 7,487.36​, while the Nasdaq Composite rose 389.0 points, or 1.49%, to 26,410.623 at the opening bell.

(Reporting by Joel Jose in Bengaluru; Editing by Devika Syamnath)

Copyright Reuters or USA Today Network via Reuters Connect.

This story was originally published June 18, 2026 at 9:36 AM.

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