Wall Street stocks down after Fed minutes, bank shares extend losses
Wall Street was lower on Wednesday after the release of the Federal Reserve's minutes showed central bank officials were divided over the need for more interest rate hikes at their last meeting.
At 3:02 pm ET, the S&P 500 was down 15.86 points, or 0.36%, to 4,422 and the Nasdaq Composite dropped 59.84 points, or 0.44%, to 13,571.21 points and the Dow Jones Industrial Average fell 61.97 points, or 0.18%, to 34,884.42.
At 3:02 pm ET, the S&P 500 was down 15.86 points, or 0.36%, to 4,422 and the Nasdaq Composite dropped 59.84 points, or 0.44%, to 13,571.21 points and the Dow Jones Industrial Average fell 61.97 points, or 0.18%, to 34,884.42.
- Fed policymakers divided in July over need for more rate hikes
- Target gains on quarterly profit beat
- Banks extend losses
- $S&P 500 Index(.SPX.US$ -0.36%, $Nasdaq Composite Index(.IXIC.US$ -0.44%, $Dow Jones Industrial Average(.DJI.US$ -0.18%
- Target gains on quarterly profit beat
- Banks extend losses
- $S&P 500 Index(.SPX.US$ -0.36%, $Nasdaq Composite Index(.IXIC.US$ -0.44%, $Dow Jones Industrial Average(.DJI.US$ -0.18%
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