This is a syndicated repost courtesy of Money Morning – We Make Investing Profitable. To view original, click here. Reposted with permission.
In Dow Jones news, the Dow dropped 41 points after investors scoured through the minutes from the March meeting of the U. S. Federal Reserve.
Let’s look at the numbers from Wednesday for the Dow, S&P 500, and Nasdaq:
Dow Jones: 20,648.15; -41.09; -0.20%
S&P 500: 2,352.95; -7.21; -0.31%
Nasdaq: 5,864.48; -34.13; -0.58%
Today’s market highlights:
Markets reversed gains after the Federal Reserve announced intentions to shrink its massive $4.5 trillion balance sheet. Markets continue to await a key meeting between President Donald Trump and Chinese President Xi Jinping. Panera Bread Co. (Nasdaq: PNRA) sold itself for $7.5 billion to German conglomerate JAB.
This post was published at Wall Street Examiner on April 5, 2017.
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