US STOCKS-S&P 500 ends down over 1% after Fed minutes ...Middle East

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US STOCKS-S&P 500 ends down over 1% after Fed minutes
source : Devdiscourse ( Middle East ) () 27
Wall Street's main indexes slid on Wednesday, with the S&P 500 falling over 1%, after the release of minutes from the Federal Reserve's policy meeting last month showed officials felt the employment benchmark for decreasing support for the economy "could be reached this year." Stocks accelerated their declines late in the session, pushing the S&P 500 down about 1.8% from its record closing high after its second straight daily drop. It was the benchmark index's single-day first drop of at least 1% since July 19.

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