U.S. stocks extend retreat after Fed minutes


  • World
  • Thursday, 04 Jan 2024

NEW YORK, Jan. 3 (Xinhua) -- U.S. stocks posted material losses on Wednesday, after the Fed minutes noted an "unusually elevated degree of uncertainty" about the policy path.

U.S. stocks remained lower on Wednesday, as the Dow Jones Industrial Average fell 284.85 points, or 0.76 percent, to 37,430.19. The S&P 500 sank 38.02 points, or 0.80 percent, to 4,704.81. The Nasdaq Composite Index shed 173.73 points, or 1.18 percent, to 14,592.21.

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