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US stocks dropped sharply on Wednesday with the Dow falling nearly 300 points after minutes from the latest Federal Reserve policy meeting failed to give conclusive evidence of when the central bank might start to cut interest rates.

Wall Street stocks turned in a mixed showing in the penultimate session of the year, while the S&P 500 continued to hover near its all-time high.

Wall Street stocks were in the green early on Friday as market participants cheered recent a surprise reading of the Federal Reserve's favourite inflation gauge.

Wall Street stocks resumed their recent rally on Thursday after registering some heavy losses in the previous session.

Wall Street stocks displayed a mixed performance on Thursday, following a day of robust gains in the previous session.

Wall Street stocks delivered a mixed performance on Wednesday as investors digested comments from Federal Reserve chairman Jerome Powell.

Wall Street stocks turned in a mixed showing on Friday as indices searched for direction in the wake of key inflation data.

Wall Street finished with gains on Wednesday as traders navigated through the latest Federal Reserve minutes and a surprise on the latest wholesale price data.

Wall Street showed signs of recovery on Monday after four consecutive losing sessions, with all three major stock indices clinching some gains.

US stocks closed lower on Tuesday, with Apple in focus on the announcement of its iPhone 15, while investors also closed their wallets ahead of August’s consumer price index data, scheduled for Wednesday.