Stocks Drop on Fed Decision, and Oil Is Muted Amid Peace Deal Talks
NYT > Business·June 17, 2026

Stocks have declined following a Federal Reserve decision, while oil prices remain subdued amid ongoing peace deal talks. US and Iranian officials are set to meet in Switzerland to sign an initial agreement, marking a potential breakthrough in tensions. The meeting is expected to initiate a 60-day cease-fire, which may have significant implications for global markets. The outcome of these talks is being closely watched by traders and investors worldwide.
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