[ad_1]
NEW YORK – The three main Wall Street indexes were down on Wednesday after the Federal Reserve published the minutes of its September meeting, revealing broad agreement on the latest rate hike and forecasting a further increase in the costs of bankruptcy. 39; borrowing.
The S & P 500 zigzagged between the positive and negative territories after the publication of the minutes.
Before the minutes, the bargain had already been choppy and the S & P 500 was struggling to rely on yesterday's rally, after disappointing housing data weighed on Home Depot and homebuilders.
At 2:16 pm, HE, the Dow Jones Industrial Average fell 83.59 points, or 0.32%, to 25,714.83 points, the S & P 500 lost 4.14 points, or 0.15% , at 2,805.78 and the Nasdaq Composite lost 26.02 points, or 0.34%, to 7,619.47.
Of the top 11 sectors in the financial sector, the financial sector recorded the strongest growth, up 1%. Consumer Discretionary is the biggest loser with a decline of 0.9%.
Falling issuance outnumbered growth on the NYSE with a ratio of 1.78 to 1; on the Nasdaq, a ratio of 1.60: 1 favored the decline.
The S & P 500 recorded 3 new highs in 52 weeks and 11 new lows; the Nasdaq composite recorded 10 new highs and 65 new lows.
(Additional report by Medha Singh in Bengaluru, edited by Anil D & Silva and Susan Thomas)
Source link
