U.S. Stock Futures Rebound as Markets Shake Off FOMC Jitters

U.S. stock futures climbed on June 18, 2026, as investors reversed much of the sell-off triggered by the Federal Reserve's unexpectedly hawkish stance at the previous day's Federal Open Market Committee (FOMC) meeting. The recovery was led by the technology sector, with nearly all major sectors moving higher in overnight trading.

The Dow Jones futures rose 255 points (0.49%) to 52,199, S&P 500 futures added 66.75 points (0.89%) to 7,559.50, and Nasdaq 100 futures surged 502.75 points (1.68%) to 30,501.50. The real estate sector, which had fallen 2.5% on Wednesday, staged a sharp rebound, while the IT sector, which declined 0.6%, was expected to more than recoup those losses at the opening bell.

However, the rally was not broad-based across all risk appetite measures. Consumer discretionary and communication services, which suffered the steepest declines the previous day, continued to lag in overnight trading. Analysts noted that cautious sentiment toward the economic outlook and interest rate trajectory persisted among investors.

Support for equities came from a slight easing of concern over the hawkish rate outlook signaled by Fed Chair Kevin Warsh in his first FOMC meeting, as well as falling crude oil prices and easing inflation fears following a U.S.-Iran peace agreement. While the market's overall risk-on mood remained tempered, the combination of lower energy costs and reduced inflation anxiety provided a tailwind for stocks.

Individual tech stocks showed mixed performance: Apple (AAPL) edged up 0.22% to $296.60, Microsoft (MSFT) rose 0.06% to $379.14, Amazon (AMZN) added 0.61% to $238.95, and Nvidia (NVDA) gained 1.29% to $207.30. AMD (AMD) led the rally with a 3.81% jump to $532.00. SpaceX (SPCX) bucked the trend, falling 2.15% to $187.70.