U.S. Stocks Fall Under Pressure Of Possible June Fed Rate Hike

By Markets MarketWatch Pulse

U.S. stocks fell under pressure Wednesday after the Federal Reserve released minutes of its April meeting showing the central bank is ready to lift interest rates in June if the economy show improvement. The Dow Jones Industrial Average , which had been up as high as 106 points, slipped into negative territory and was last down 36 points at 17,494. The S&P 500 Index , which had traded up as many as 13 points, fell 4 point to 2,043. The Nasdaq Composite Index , following a rise of up to 47 points, was up 8 points, or 0.2%, at 4,723.

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