Evening Market Recap - Wednesday, 18-Jun
Jun 18, 2025•5 min
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Episode description
US equities were narrowly mixed in very choppy Wednesday trading, as stocks ended off best levels, with the Dow Jones and S&P500 ending down 10bps and 3bps, while the Nasdaq rose +13bps. No surprise in FOMC leaving the policy rate unchanged, with the median dot still showing two rate cuts for 2025, though 2026 and 2027 dots saw a hawkish shift. May housing starts fell 9.8% m/m, missing expectations and lowest read since May-20.
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