U.S. Stocks End Slightly Lower After Fed Minutes
U.S. stocks ended Wednesday's choppy session slightly lower, as modest post-Fed-minutes gains evaporated by the closing bell. Closely watched Federal Reserve minutes revealed that few officials were inclined to raise rates in June, confirming what markets had already priced in. The S&P 500 closed 1.98 points, or 0.1%, lower at 2,125.85. The Dow Jones Industrial Average ended down 26.99 points, or 0.2%, at 18,285.40. The Nasdaq Composite ended the session a 1.71 points higher at 5,071.74. During session highs all three indexes were trading in record territory. The last time the S&P 500, Dow and Nasdaq closed at record levels was on December 31, 1999.
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