LONDON: U.S. stocks fell slightly Wednesday, rebounding from session lows after Federal Reserve meeting minutes showed officials haven’t agreed on a plan for when and how quickly to raise interest rates.
The Dow Jones Industrial Average slipped 17.73 points, or 0.1%, to end at 18029.85. The Dow had declined as low as 17982.20 earlier in the session. The S&P 500 edged down 0.66 point to 2099.68, while the Nasdaq Composite Index added 7.10 points, or 0.1%, to 4906.36.
The minutes of the Jan. 27-28 policy meeting showed Fed officials discussed the pros and cons of delaying versus moving quickly on interest rates, as well as how to remove from their policy statement an assurance that they would be patient about raising rates.
