U.S. stock indexes trimmed earlier gains on Wednesday afternoon after minutes from the Federal Reserve’s March policy meeting show policymakers agreed that the stress in the banking sector would slow U.S. economic growth.
Read More...
U.S. stock indexes erased earlier gains in the final hour of trade 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 are trading
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,…
