Updated 2 hours ago

Wall Street Shrugs Off Fed Minutes

Minutes from the Federal Open Market Committee’s December meeting didn’t wake up the stock market.

The S&P 500 was still hovering around breakeven. The Dow was down 52 points, or 0.1%. The Nasdaq Composite was down slightly. All three were in the same trading range they have hovered in all day on Tuesday.

At the Dec. 9–10 policy meeting, the FOMC opted to lower its target range for the federal-funds rate by quarter of a point to between 3.5% and 3.75%.