Daily Market Recap (June 18th 2026)

The provided materials discuss a pivotal shift in global financial markets following the Federal Reserve's June 2026 meeting. Under the new leadership of Kevin Warsh, the central bank maintained interest rates between 3.5% and 3.75% while adopting a hawkish stance due to persistent inflation and rising energy costs. This decision caused Wall Street to fluctuate and gold prices to decline, as investors now anticipate a potential rate hike later in the year. Meanwhile, Asian markets reached record highs, partly buoyed by a reported peace agreement between the United States and Iran to reopen the Strait of Hormuz. Additionally, the sources highlight major corporate updates, including leadership changes at Exor and the domestic manufacturing partnership between Intel and Apple.