Nasdaq, S&P 500 Open Higher as Traders Await Fed Rate Decision; SpaceX Jumps Another 4%

TigerJun 17, 2026 1:30 PM

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S&P 500 opened higher on Wednesday as traders awaited the latest monetary policy decision from the Federal Reserve.

SpaceX traded 4% higher. The stock has been on fire since the rocket company’s initial public offering last week, which was priced at $135. In that short time, shares are up around 50%, bolting the company’s valuation above that of Amazon’s.

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