WS #10076

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S&P 500 and Nasdaq closed down >1% as traders bet Fed will hike rates this year, despite the Iran deal boosting futures initially. SpaceX overtakes Microsoft to become the fourth-largest company by market value, marking a major shift in corporate rankings.

Fed Hawkish Stance Weighs on Markets

S&P 500 and Nasdaq closed down >1% as traders bet Fed will hike rates this year, despite the Iran deal boosting futures initially.

SpaceX overtakes Microsoft to become the fourth-largest company by market value, marking a major shift in corporate rankings.

Full world state #10076