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S&P 500 Snaps 9-Day Win Streak After First Close Above 7,600: Iran Oil, Broadcom's Slide, and the Hawkish Fed Reset That Hit Wall Street
The SP 500 closed at 7,553.68 on Wednesday, June 3, 2026, down 0.74%, snapping a nine-day win streak that had taken the index to its first-ever close above 7,600 the previous session. The break came a...
Markets
FOMC June 16-17 2026 Meeting: 4 Dissenters, 98% Hold Odds, and the Dot Plot That Could Reset the Cut Path
The June 16-17, 2026 FOMC meeting is widely expected to hold rates at 3.50%-3.75%, with Polymarket at 98.3% no-change and CME FedWatch at 97-99%. The real story is the dot plot: the March SEP still im...
Markets
Bond Market Alarm 2026: Why Treasury Yields Hit Levels Not Seen Since 2007
US 30-year Treasury yields surged to 5.2% in May 2026 — the highest level since 2007 — as the Iran war drove oil prices to $100 per barrel and stoked inflation fears. Goldman Sachs now expects the fir...