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Stocks slip after Fed’s Warsh signals possible 2026 hike

New York, June 17, 2026, 16:10 EDT US stocks ended lower Wednesday after the Fed held rates steady and hinted at a possible hike ahead, not a cut, during Kevin Warsh’s first meeting as chair. The S&P 500 slipped 89.59 points, or 1.19%, to 7,421.76. The Nasdaq Composite lost 349.14 points, or 1.32%, to 26,027.21. The Dow Jones Industrial Average finished down 499.18 points, or 0.96%, at 51,494.99, according to preliminary figures. (Reuters) The Fed held its rate steady at 3.50% to 3.75%, as most economists expected. The surprise came in the updated outlook. Nearly half the officials now forecast

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