S&P 500 closes higher, Nasdaq climbs nearly 2% as chips fuel comeback from Fed sell-off: Live updates

U.S. stocks rose on Thursday, staging a comeback after the Federal Reserve indicated the possibility of a rate hike this year — a move that sparked a sell-off in equities during the previous session.

The S&P 500 added 1.08%, closing at 7,500.58, and the Nasdaq Composite climbed 1.91% to 26,517.93. The Dow Jones Industrial Average rose by 72.15 points, or 0.14%, to end at 51,564.70.

Source: https://www.cnbc.com/2026/06/17/stock-market-today-live-updates.html