Reported 5 months ago
Stocks finished down on Wednesday, with the Dow Jones Industrial Average losing 201 points, the S&P 500 slipping 0.27%, and the Nasdaq dropping 0.18%, following the release of Federal Reserve meeting minutes and Nvidia's earnings release. The Fed's minutes indicated a longer wait for inflation to cool and debate over the impact of interest rates on the economy. Additionally, Target shares plunged over disappointing earnings, while Tesla shares remained down for the year despite a recent increase in demand. The CBOE's VIX volatility index closed at a three-and-a-half-year low, and the UK called for a general election in July. Lastly, Buzzfeed shares soared after an investor revealed a stake in the media group.
Source: YAHOO