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Wall Street's main indexes ended with modest declines on Wednesday as investors digested minutes from the U.S. Federal Reserve's latest meeting and braced for significant economic data in the days to come. Minutes showed a united Fed agreed to hold interest rates steady at the June meeting as a way to buy time and assess whether further rate hikes would be needed.
The S&P 500 has surged 14% year to date, which may have you wondering whether you should take some profits.
Bank shares have logged four straight weekly gains, but the stocks swooned on Monday after several banks warned of lower net interest income.
U.S. stocks were directionless Tuesday as investors had little to digest ahead of next week's Federal Reserve monetary meeting, and release of the latest CPI reading.
U.S. stocks were directionless Tuesday as investors had little to digest ahead of next week's Federal Reserve monetary meeting, and release of the latest CPI reading.