Market Snapshot: Stocks finish lower for second day, Nasdaq sheds 2.2% as Fed minutes detail rapid balance sheet reduction plan


U.S. stocks traded lower, but off Wednesday’s worst levels, as investors digested minutes of the Federal Reserve’s March meeting that detailed aggressive plans to shrink its nearly $9 trillion balance sheet.

The minutes also left the door open to more than one half-percentage point interest rate increase, a move bigger than the typical quarter-point increment usually used b the central bank.

What’s happening


: Levi Strauss stock rises after ‘strong demand’ boosts Q1 sales

Previous article

Good riddance to work from home, Google’s former CEO says

Next article

You may also like


Leave a reply

Your email address will not be published. Required fields are marked *

More in News