Wall Street ends largely lower as eyes fixed on Fed's minutes

Economies.com
2017-08-15 20:50PM UTC

US stock indices closed mixed on Tuesday following an array of data from America, the world's largest economy, which showed retail sales rose for the first time in three months past expectations in July. 

 

Now markets await the release of the Federal Reserve's minutes of the July 25-26 meeting on Wednesday as investors assess the chances of a third rate hike this year and tightening of monetary policy, underpinning the finance sector, which offset Wall Street's utility-led losses. 

 

Dow Jones edged up 0.02%, or 5.28 points to 21,998.99, while Standard and Poor's 500 shed 0.05%, or 1.23 points to 2,464.61. NASDAQ Composite declined 0.11%, or 7.22 points to 6,333.01. 

 

Gold futures due on December 16 tumbled 0.95% to $1,278.10 an ounce from the opening of $1,290.40, while the dollar index rose 0.46% to 93.84 from the opening of 93.41, marking the highest since July 26. 

 

Otherwise, US crude futures due on September 15 advanced 0.42% to $47.79 a barrel from the opening of $47.59, while Brent crude futures due on October 15 added 0.65% to $51.06 a barrel from the opening of $51.39. 

American Markets News

Americas News

Markets

Wall Street stabilizes after data
2024-04-18 17:18PM UTC
US stock indices stabilized on Thursday following strong data that showed the Fed won’t be ...
Americas News

Markets

Wall Street resumes its decline as markets assess corporate earnings
2024-04-17 16:20PM UTC
US stock indices declined on Wednesday as markets assess corporate earnings and Fed Chair Jerome ...
Americas News

Markets

US stock indices edge lower, but Dow Jones ekes out gains
2024-04-16 15:00PM UTC
Most US stock indices lost ground on Tuesday with the exception of Dow Jones, amid a constant flux ...