Traders work on the floor of the New York Stock Exchange (NYSE) on June 18, 2025 in New York City. <\/p>\n
Spencer Platt | Getty Images<\/p>\n
U.S. stocks rose on Wednesday as traders monitor the latest developments in the Middle East and brace for the Federal Reserve’s latest rate policy decision.<\/p>\n
The Dow Jones Industrial Average<\/a> climbed 258 points, or 0.6%. The S&P 500<\/a> also gained 0.5%, while the Nasdaq Composite<\/a> advanced 0.6%.<\/p>\n Stocks are coming off a downbeat session Tuesday as the Israel-Iran conflict mounted.<\/p>\n The attacks between the two countries entered their sixth day Wednesday as Iran’s supreme leader, Ayatollah Ali Khamenei, said that Iran won’t surrender and warned that the U.S. will “undoubtedly be met with irreparable damage<\/a>” if it enters the conflict.<\/p>\n This comes after President Donald Trump took to his Truth Social platform Tuesday to threaten the Iranian leader<\/a>, saying that “our patience is wearing thin” and calling for “UNCONDITIONAL SURRENDER!<\/a>” Current and former administration officials also told NBC News<\/a> that Trump is weighing options on Iran, including whether to launch a military strike.<\/p>\n “The market just seems very keen to fade geopolitical risk,” Zachary Hill, head of portfolio management at Horizon Investments, said to CNBC. “That has been historically the right thing to do, so I think that’s kind of what’s driving us so far today.”<\/p>\n Fed decision ahead<\/p>\n