U.S. Stock Market Closes: Fed's Waller Debuts, All Three Major Indexes Fall Together

Golden Ten Data, June 18 — On Wednesday, the Federal Reserve maintained a hawkish stance at its interest rate meeting. All three major U.S. stock indexes closed lower; the Dow Jones Industrial Average preliminarily fell by 0.97%, the S&P 500 Index dropped 1.2%, and the Nasdaq fell 1.3%. SpaceX (SPCX.O) closed down 5%, NVIDIA (NVDA.O) dropped 1%, and Western Digital (WDC.O) rose 4%. The Nasdaq Golden Dragon China Index closed down 1.1%, with Li Auto (LI.O) falling 3%.