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U.S. stock futures are flat after Dow record close on U.S.-Iran deal; SpaceX rallies again: Live updates

U.S. markets brace for Fed uncertainty as Iran deal optimism fades and SpaceX drives gains

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The brief

U.S. stock futures are holding steady after the Dow closed at a record high, fueled by optimism from a U.S.-Iran agreement. Coverage notes the rally has since cooled, with traders now focused on the Federal Reserve’s upcoming meeting under new Chair Warsh. SpaceX remains a standout performer amid broader market caution, though no specific catalyst for its rally is detailed in reports.

Reuters and Yahoo Finance highlight the mixed sentiment ahead of the Fed’s first meeting under Warsh’s leadership, with investors weighing geopolitical relief against monetary policy risks. QZ emphasizes the Dow’s record close and SpaceX’s sustained outperformance, though details on the Iran deal’s economic impact remain limited. All outlets cite live updates but do not specify further market reactions beyond futures trading.

Watch for the Fed’s policy announcement and Warsh’s first public remarks, which could shift market direction. SpaceX’s continued rally may draw attention to sector-specific drivers, though no headlines confirm new developments. Coverage does not yet specify whether the Iran deal’s terms or Fed expectations will dominate trading activity.

Synthesized by PULSE from the headlines below under a strict no-invention contract. ✓ fact-checked: all claims supported by sources Updated 1h ago.

Quick answers

Did the Dow actually close at a record high?

Yes, according to coverage from QZ and Yahoo Finance, the Dow closed at a record high on June 16, 2026.

Who is the new Federal Reserve Chair?

Coverage from Yahoo Finance and Investing.com identifies the new Federal Reserve Chair as Warsh.

Is SpaceX’s rally linked to the Iran deal?

Coverage does not specify a direct link between SpaceX’s rally and the U.S.-Iran deal, though it notes the company’s sustained outperformance amid broader market movements.

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