S&P 500 and Nasdaq continue to sell off after Federal Reserve’s December minutes

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U.S. stocks remained lower on Wednesday after minutes from the Federal Reserve’s December meeting showed that policymakers had a high level of uncertainty around their interest-rate projections and did not rule out further rate hikes.

How stock indexes are trading

  • The S&P 500
    SPX
    dipped 28 points, or 0.6%, to 4,715.

  • The Dow Jones Industrial Average
    DJIA
    fell 192 points, or 0.5%, to 37,522.

  • The Nasdaq Composite
    COMP
    eased 140 points, or 1%, to 14,626.

On Tuesday, the Dow rose less than 0.1% to a record close of 37,715.04, while the S&P 500 declined 0.6% to 4,742.83 and the Nasdaq Composite slumped 1.6% to end at 14,765.94.



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