U.S. markets dip in anticipation of release of Fed minutes
U.S. stocks are trading lower Wednesday morning as losses for phone and utility companies continue to drag the market from its recent record highs. Retailers including Target and Lowe's are skidding after disappointing earnings. The Federal Reserve will release minutes from its July meeting in the afternoon. KEEPING SCORE: The Dow Jones industrial average fell 58 points, or 0.3%, to 18,493 as of 10:25 a.m. The Standard & Poor's 500 index gave up 6 points, or 0.3%, to 2,171.
Aug-17-2016, 15:15:09 GMT
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