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US stock market today: Wall Street holds steady ahead of Fed rate decision, oil stays below $80 on Iran deal hopes

TazaPulseJune 18, 2026
US stocks traded in a narrow range on Wednesday as investors awaited the Federal Reserve’s policy decision, while easing oil prices and optimism over a potential US-Iran peace agreement helped support sentiment.The S&P 500 edged up 0.1% in early trade, while the Dow Jones Industrial Average was largely unchanged. The Nasdaq Composite rose 0.5%, aided...
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Canada’s CPP to invest Rs 7k cr in Hyderabad-based CtrlS

TazaPulseJune 18, 2026
HYDERABAD: Canada Pension Plan Investment Board (CPP Investments) has committed an investment of up to ₹7,000 crore (C$1 billion) in Hyderabad-based CtrlS Datacenters Ltd as demand for cloud, hyperscale and artificial intelligence-ready datacentre capacity accelerates in India’s digital infrastructure sector.As part of this, CPP Investments already picked up an 8.2% stake in CtrlS for 4,000...
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Critical Minerals: ‘Harmonised, interoperable mechanisms’: G7 takes on China’s critical minerals dominance, sets 2030 target to cut dependence

TazaPulseJune 18, 2026
G7 leaders on Wednesday agreed to strengthen cooperation to reduce their dependence on China for critical minerals, unveiling plans to coordinate stockpiling, boost recycling and create a new platform with an expanded role for the International Energy Agency (IEA).The move comes as Western nations seek to secure supplies of minerals crucial for defence, artificial intelligence,...
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Jeffrey Gundlach says Fed’s Warsh is not going to be the ‘easy money’ chairman many hoped for

TazaPulseJune 18, 2026
DoubleLine Capital CEO Jeffrey Gundlach said new Federal Reserve Chairman Kevin Warsh struck a more hawkish tone than many investors expected, underscoring his commitment to restoring price stability and signaling less appetite for easy monetary policy. “He is absolutely telling you that he plans on delivering on price stability. So that means… we’re not going...
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Here’s what changed in the new statement

TazaPulseJune 18, 2026
Chairman of the Federal Reserve Kevin Warsh delivers remarks after being sworn in during a swearing-in ceremony in the East Room of the White House on May 22, 2026 in Washington, DC. Anna Moneymaker | Getty Images Wednesday’s Federal Reserve statement looked drastically different than those issued after previous meetings, offering one of the first...
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Middle East Conflict Airline Profits: Middle East conflict to cut airline profits 10-15% this fiscal as ATF costs, rupee pressure bite: Report

TazaPulseJune 17, 2026
Operating profits of Indian airlines are expected to decline 10-15 per cent this fiscal year as elevated aviation turbine fuel (ATF) prices, airspace restrictions and rupee depreciation caused by the Middle East conflict weigh on the sector, a Crisil report said on Wednesday.The rating agency estimated that the combined operating profit of domestic airlines could...
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