8 Jan 2014
Wall Street closes mixed on FOMC pro-taper minutes release
FXstreet.com (San Francisco) - The US stocks market closed Wednesday with a mix of green and red numbers as investors digested a better than expected ADP employment and FOMC minute release.
According to the minutes, some FOMC officials would apply a quicker QE taper and the Fed would be concerned about the risk of extra money in the market.
The Dow Jones declined 68.20 points or 0.41% to end the day at 16,462.74; the S&P 500 eased 0.39 pts or 0.02% to finish at 1,837.49; while the Nasdaq Composite advanced 12.43 pts or 0.30% to 4,165.61.
According to the minutes, some FOMC officials would apply a quicker QE taper and the Fed would be concerned about the risk of extra money in the market.
The Dow Jones declined 68.20 points or 0.41% to end the day at 16,462.74; the S&P 500 eased 0.39 pts or 0.02% to finish at 1,837.49; while the Nasdaq Composite advanced 12.43 pts or 0.30% to 4,165.61.