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Omnicom Group Inc (OMC) Stock News
The latest OMC headlines and market coverage — 7 recent stories, updated throughout the day.
- Benzinga·
Stock Market Today: Dow Jones Futures Tumble, S&P 500 Gains As Investors Await FOMC Decision—Amkor, La-Z-Boy In Focus
U.S. stock futures showed mixed performance on Wednesday with the Dow Jones declining while the S&P 500 and Nasdaq 100 advanced. Investors awaited the FOMC interest rate decision expected at 2:00 p.m. ET, with markets pricing a 99.6% likelihood of unchanged rates. Notable movers included La-Z-Boy surging 19.62% on strong earnings and a $300 million buyback, Amkor jumping 5.49% after signing a 10-year deal with TSMC, and SpaceX rising 3.22% following its Cursor AI acquisition.
- Benzinga·
Stock Market Today: Dow Futures Tumble, S&P 500, Nasdaq Gains As Investors Await FOMC Decision— Amkor, La-Z-Boy In Focus (UPDATED)
(Editor’s note: The future prices of benchmark tracking ETFs and the headline were updated in the story.) U.S. stock futures were mixed on Wednesday, as the Dow Jones fell, while the Nasdaq 100 and S&P 500 advanced, following Tuesday’s mixed close. U.S. retail and food services sales outpaced expectations in May, climbing 0.9% to a seasonally adjusted $763.7 billion, according to Census Bureau data released Wednesday. The solid gain—up from a revised 0.4% increase in April—signals highly resilient consumer demand heading into the summer months, providing a fresh injection of optimism for economic growth. Investors are also waiting for the Federal Open Market Committee decision on interest rates, slated to be announced during the afternoon, with Kevin Warsh as the new Fed Chairman. The CME Group's FedWatch tool ‘s projections show markets pricing a 99.6% likelihood of the Federal Reserve leaving the current interest rates unchanged during June’s meeting. Meanwhile, even as the peace deal was agreed upon between the U.S. and Iran, recent findings by U.S. intelligence agencies reportedly suggested that Iran can now shut down the Strait of Hormuz at will, irrespective of the impending framework agreement scheduled for signing in Geneva on Friday. Additionally, the 10-year Treasury bond yielded 4.44%, and the two-year bond was at 4.05%. Index Performance (+/-) Dow Jones -0.06% S&P 500 0.10% Nasdaq 100 0.57% Russell 2000 0.03% The SPDR S&P 500 ETF Trust (NYSE: SPY ) and Invesco QQQ Trust ETF (NASDAQ: QQQ ) , which track the S&P 500 and Nasdaq 100, respectively, were higher in premarket on Wednesday. The SPY was up 0.097% at $751.06, while the QQQ advanced by 0.62% to $734.35. data-variant="card" data-news-mode="manual" > Read Also: Trump's Iran Peace Deal Could Ignite A 'Relief Rally,' Says Ben Emons, Flags 4 '
- The Motley Fool·
Kevin Warsh May Throw President Donald Trump Under the Bus in His First FOMC Meeting as Fed Chair
New Fed Chair Kevin Warsh holds his first FOMC meeting on June 17, 2026, as U.S. inflation hits a three-year high of 4.2% in May. The article suggests Warsh will likely blame President Trump's tariff and Iran policies for elevated inflation, similar to his predecessor Jerome Powell. The FOMC is expected to shift from an easing bias to a neutral stance, with growing market expectations for potential rate hikes by year-end, which poses challenges for the historically expensive stock market.
- Investing.com·
S&P 500 Muted as Markets Await US-Iran Deal Details and FOMC Decision
U.S. markets opened muted as investors awaited details on the U.S.-Iran peace agreement and the Federal Reserve's interest rate decision. Oil prices fell sharply as markets priced in normalized global energy supplies following the deal to reopen the Strait of Hormuz. The Fed is expected to hold rates steady at 3.50%-3.75% under new Chair Kevin Warsh, with focus on updated projections and potential removal of forward guidance. SpaceX surged over 8% in pre-market trading following its blockbuster IPO.
- The Motley Fool·Neutral
Uh-Oh! The Probability of an FOMC Rate Hike Within the Next Year Is Soaring.
Rising inflation driven by the Iran war's energy supply disruption has pushed U.S. inflation to three-year highs. New Fed Chair Kevin Warsh and the FOMC are increasingly likely to implement rate hikes within the next year, reversing earlier expectations for rate cuts. The CME FedWatch Tool shows growing probability of rate hikes by late 2026/early 2027, which could pressure the stock market.
- The Motley Fool·
Uh-Oh! The Probability of an FOMC Rate Hike Is Rapidly Climbing.
Kevin Warsh has taken over as Fed chair from Jerome Powell on May 15, 2026, inheriting a challenging economic environment with rising inflation driven primarily by the Iran war and supply disruptions. Despite Trump and Wall Street's preference for interest rate cuts, the CME FedWatch Tool indicates growing probability of rate hikes over the next year, with a 40% chance of a 25 basis point increase by April 2027. Warsh's hawkish monetary policy record suggests a focus on price stability, potentially putting pressure on the historically expensive stock market.
- Seeking Alpha·Neutral
Catalyst Watch: Earnings blitz, FOMC, Pershing Square IPO, and NYC gets a full casino