The S&P 500 and the Nasdaq slipped on Wednesday as investors awaited the Federal Reserve’s minutes from its most recent meeting for clues on the timing of the next interest rate hike. However, the Dow Jones Industrial Average hit a record intraday high for the eighth time in nine sessions, powered by a 4 percent gain in DuPont shares.
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S&P, Nasdaq Dip Ahead of Fed Minutes; Dow Hits Record High
The S&P 500 and the Nasdaq slipped on Wednesday as investors awaited the Federal Reserve’s minutes from its most recent meeting for clues on the timing of the next interest rate hike. However, the Dow Jones Industrial Average hit a record intraday high for the eighth time in nine sessions, powered by a 4 percent gain in DuPont shares.