Reported 5 months ago
US stocks closed lower on Wednesday after the release of the Federal Reserve's May meeting minutes, with the S&P 500 slipping about 0.3%, the Nasdaq Composite down 0.2%, and the Dow Jones falling roughly 0.5%. Investors were awaiting Nvidia's earnings, which surpassed expectations, leading to a 2% stock increase in after-hours trading. The Fed minutes indicated a willingness to tighten policy if necessary. Additionally, Target stock tumbled 8% due to an earnings miss and cautious guidance, while BuzzFeed shares surged after Vivek Ramaswamy disclosed a 7.7% stake, aiming for strategic changes.
Source: YAHOO