Comment on Market Snapshot: Nasdaq leads U.S. stocks lower ahead of Fed minutes

Market Snapshot: Nasdaq leads U.S. stocks lower ahead of Fed minutes

U.S. stocks traded lower Wednesday early afternoon, led by a slump in technology-heavy Nasdaq Composite as traders eyed the release of the Federal Reserve's minutes from its July rate-setting meeting due at 2 p.m. Eastern, while assessing earnings from some of America's largest retailers for insights into the strength of the consumer spending.

 

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