U.S. Stocks Fall as Investors Digest Fed Minutes

1 year ago 265

U.S. stocks fell Wednesday arsenic investors digested minutes from the Federal Reserve’s caller argumentation gathering for clues astir plans to wean markets disconnected pandemic-era stimulus measures. 

The S&P 500 dropped 1.9% a time aft the wide scale pulled backmost from a grounds precocious arsenic technology shares fell. The tech-heavy Nasdaq Composite Index fell 3.3%, portion the blue-chip Dow Jones Industrial Average—which acceptable its ain grounds Tuesday—lost 1.1%, oregon 392 points.

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