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BUSINESSJun 17 · 17:33 UTCWPLG LOCAL 10 MIAMIBy STAN CHOE, Associated Press

US stocks drift ahead of the Fed's announcement on interest rates

U.S. stocks fluctuated ahead of the Federal Reserve's interest rate decision, with AI-related stocks like Jabil and Broadcom rising, while the S&P 500 fell 0.1%. La-Z-Boy jumped 19.1% on strong earnings, and traders debated potential Fed rate cuts amid a tentative U.S.-Iran agreement easing oil prices.

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Federal ReserveorganizationJabilorganizationBroadcomorganizationApplied MaterialsorganizationSpaceXorganizationLa-Z-BoyorganizationAI infrastructuretopicDonald TrumppersonIranplaceStrait of Hormuzplace
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