Dow ends down over 100 points after Fed minutes show almost all policy makers expect additional rate increases - Buzz Plugg Usa News

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Wednesday, July 5, 2023

Dow ends down over 100 points after Fed minutes show almost all policy makers expect additional rate increases


U.S. stocks ended lower on Wednesday with the S&P 500 snapping three-day winning streak after the minutes of the Federal Reserve’s last policy meeting showed almost all participants expected additional interest-rate increases after unanimously deciding to leave rates unchanged in June.

Earlier, concerns about a faltering Chinese economy dampened risk appetite for global equities.

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