Dow ends choppy session slightly lower; Nasdaq ekes out gain

NEW YORK (MarketWatch) — U.S. stocks ended marginally lower on Wednesday, as investors wrestled with interpreting minutes from the Federal Reserve’s latest policy meeting. Minutes showed that officials were not in a rush to raise interest rates, as “many” on the Fed said a premature rate hike would harm the recovery, while only “several” thought a later move would risk high inflation. The S&P 500 SPX, -0.03% closed less than a point below its previous closing record, reached on Tuesday, ending at 2,099.66 according to preliminary data. The Dow Jones Industrial Average DJIA, -0.10% fell 17.41 points, or 0.1%, to 18,030.17. The Nasdaq Composite COMP, +0.14% defied the trend and added 7.10 points, or 0.1%, to 4,906.36.


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