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NASDAQ rebounded from session lows and moved higher after Trump denied he planned to fire Powell. ASML, which was down by 8%, was the worst performer in the NASDAQ index today. The stock suffered a sell-off as the company cut 2026 growth outlook due to tariffs.

Dow Jones futures edged higher early Wednesday, while S&P 500 futures and Nasdaq futures fell slightly. Chip-gear giant ASMLASML tumbled on guidance with Goldman SachsGS and more big banks on tap before the open,

All three major U.S. stock indexes were headed higher in Wednesday's final hour of trading after President Donald Trump soothed investors by saying he is not considering firing Federal Reserve Chair Jerome Powell.

McDonald's ( MCD 0.45%) had the unfortunate distinction of posting the Dow Jones Industrial Average's worst stock performance in June. The shares dropped 6.9% during the month.

Most United States stocks slumped on Tuesday after the latest update on inflation hurt Wall Street's hopes for lower interest rates.

U.S. stocks were giving back most of their earlier gains in late-morning trading. The Dow Jones Industrial Average was rising less than 0.1%, leaving it nearly flat, at around 44,044 as of 11:05 a.m.

The Dow Jones index dropped Monday after President Trump imposed new tariffs on the EU and Mexico. Tesla stock rebounded.