⚠️BREAKING: *S&P 500 NOTCHES 4TH STRAIGHT DAY OF LOSSES AS U.S. STOCKS FINISH MOSTLY LOWER AFTER FED MINUTES - $DIA $SPY $QQQ 🇺🇸🇺🇸
extended its losing streak to four sessions as Wall Street ended broadly lower on Wednesday, with investors cautious despite the latest guidance on rate policy from the U.S. central bank showing few surprises.
Such messaging carried few surprises versus what the Fed and its governors have been communicating in recent weeks, and stocks were broadly steady in the wake of the minutes' release, after choppy trading prior to their publication. The Dow fell 84.5 points, or 0.26%, to 33,045.09, the S&P lost 6.29 points, or 0.16%, to 3,991.05 and the Nasdaq added 14.77 points, or 0.13%, to 11,507.07.
However, stocks have had a volatile run in February, as traders priced in higher interest rates for longer, assuming that inflation remains higher in a sturdy economy.
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