Episode

Evening Market Recap, Wednesday 24-Jun

Podcast
FactSet Evening Market Recap
Published
Jun 24, 2026
Duration seconds
348
Processing state
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Canonical source
https://www.factset.com/podcasts
Audio
https://episodes.captivate.fm/episode/51eecad1-8d84-46b8-8b57-63c0cfc0231a.mp3
JSON
/v1/public/podcasts/factset-evening-market-recap-378590/episodes/evening-market-recap-wednesday-24-jun
Markdown
/podcast/factset-evening-market-recap-378590/evening-market-recap-wednesday-24-jun.md

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Summary

US equities were mixed in Wednesday trading as stocks struggled for direction after the Tuesday selloff. Today's big rate rally and ongoing oil selloff did not do much to support stocks as a hawkish Fed remains an overhang, while inflation concerns beyond oil remain elevated. May new home sales rose 580K m/m, missing consensus of 640K and the weakest since Jan-26.