U.S. Stocks Edge Lower After Fed Minutes

By Anora MahmudovaMarketsMarketWatch Pulse

The U.S. stock market moved south after the latest Federal Reserve meeting minutes showed that "many" Federal Reserve officials expressed support for raising interest rates "fairly soon" if the economy stayed on course or strengthened. The S&P 500 was off by 3 points, or 0.1%, at 2,362. Financials, which were higher before the minutes, pared gains and were flat. The Nasdaq Composite was down 6 points, or 0.1% to 5,860. The Dow Jones Industrial Average was paring gains, trading 9 points or less than 0.1%, higher at 20,754, after setting an intraday all-time high.

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