Heard on the Street Recap: Home Cooking -- WSJ

Dow Jones
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By Heard Editors

What Happened in Markets Today

Stocks ended the week little changed. The S&P 500 was down 0.2% on Friday, and the Dow Jones Industrial Average added just 35 points. The Nasdaq Composite lost 0.5%.

Kroger shares led the S&P 500. The supermarket chain said on its earnings call that economic jitters are driving more shoppers to its stores as restaurant prices rise. Shares were up almost 10%.

Oil prices cooled. Comments from President Trump helped ease fears of imminent military U.S. intervention in Iran.

A Fed official outlined the case for rate cuts. Governor Christopher Waller said the central bank should "look through" one-time price increases from tariffs. Ten-year Treasury yields were below 4.4%.

The dollar is rebounding. The WSJ dollar index was up 0.7% this week. The greenback has been acting like a safe haven again amid global conflict.

This analysis comes from the Journal's Heard on the Street team. Subscribe to their free daily afternoon newsletter here.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

June 20, 2025 16:47 ET (20:47 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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