Dow off 250 points after Federal Reserve minutes show officials discussing inflation risk
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Summary:
U.S. stocks remained declining Wednesday after the release of minutes from the Federal Reserve Board’s latest policy meeting last month, but off-session lows sparked a new debate at the central bank on inflation risk. I emphasized.
Dow Jones Industrial Average DJIA, -0.94%
It fell about 247 points to 33,795, down 0.8%, clearing the rise in the May Stock Index.
S & P500 Index SPX, -0.77%
Dropped 17 points (0.4%) to trade at 4,110. It reached the daytime low of 4,061.41.
Nasdaq Composite Index COMP, -0.47%
It fell 11 points to about 13,288, down 0.1%, well below Wednesday’s low of 13,072.23.
on TuesdayThe Dow closed at 34,060.66, down 267.13 points (0.8%), the S & P 500 closed at 4,127.83, down 35.46 points (0.9%), and the Nasdaq Composite fell 75.41 points (0. ...
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