[Breaking] New York Stock Market Closes Slightly Lower Amid Digesting FOMC Minutes
The three major indices of the U.S. New York stock market closed slightly lower on the 5th (local time), digesting the minutes of the June Federal Open Market Committee (FOMC) meeting, which unanimously decided to keep interest rates unchanged but included some hawkish members advocating for a rate hike.
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On that day, the Dow Jones Industrial Average closed down 0.37% compared to the previous session. The S&P 500, centered on large-cap stocks, fell 0.2%, and the Nasdaq, focused on technology stocks, ended down 0.18%.
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