Stock Market Today: S&P, Nasdaq Score New Highs After Fed Minutes
by Karee Venema
Jul 07, 2021
2 minutes
It was a choppy day of trading as investors waited on this afternoon's release of the minutes from the Fed's June meeting.
The minutes showed voting members of the Federal Open Market Committee (FOMC) generally agreed that it was time to position for the eventual easing of the central bank's supportive monetary policy, "in response to unexpected economic developments ... or the emergence of risks," such as rising inflation.
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