Stocks fight for direction at opening bell ahead of Fed minutes

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U.S. stocks flipped between small gains and losses at the start of Wednesday's session ahead of the release of the Federal Reserve's minutes in the...

U.S. stocks flipped between small gains and losses at the start of Wednesday's session ahead of the release of the Federal Reserve's minutes in the afternoon. The S&P 500 SPX, +0.09% rose 0.1% to 4,076. The Dow Jones Industrial Average DJIA, +0.09% gained 58 points, or 0.2%, to 33,488. The Nasdaq Composite COMP, -0.02% slid 0.3% to 13,658.

Investors will look to parse an account of the Fed's two-day meeting on March 16-17, when policy makers raised their forecasts for U.S. economic growth and inflation, but emphasized that accommodative monetary policy would stay in place until 2023. Shares of Target TGT, -0.04% were virtually unchanged after the retailer announced a commitment to spend more than $2 billion with Black-owned businesses by the end of 2025.

 

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