December 8, 2024
U.S. stocks end lower, Dow snaps 4-day win streak after Fed minutes stoke recession concerns

U.S. stocks end lower, Dow snaps 4-day win streak after Fed minutes stoke recession concerns

U.S. stock indexes finished lower in choppy trade on Wednesday after minutes from the Federal Reserve’s March policy meeting showed policymakers agreed that the stress in the banking sector would slow U.S. economic growth. Investors also assessed a March consumer price index report which shows inflation slowing, though still elevated.

How stock indexes traded

On Tuesday, the Dow Jones Industrial Average rose 98 points, or 0.29%, to 33,685, the S&P 500 closed less than a point lower at 4,108.94, and the Nasdaq Composite…

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