Home / Market Update / Global Stock Market / US Shares Weakened As Investors Await FOMC Minutes

US Shares Weakened As Investors Await FOMC Minutes

As investors and traders are awaiting the FOMC minutes, the S&P 500 edged down 0.2%, while the Dow Jones Industrial Average weakened 0.3%, or about 110 points.

The Nasdaq Composite Index fell 0.2%. That puts the technology-heavy index on pace to decline for a third successive day amid a rise in bond yields.

S&P 500 is now dependent on the FOMC minutes. Fed members have been leaning towards a faster pace of tapering, stocks could be pressured into the close.

Check Also

Silver Price Outlook: XAG/USD Pauses Near Record Peaks

Silver (XAG/USD) holds steady around $38.25 on Friday, following a 14-year high of $39.13 earlier …