Stock market news today: Fed minutes show more rate hikes likely

US stocks traded lower on Wednesday, as investors took in the minutes from the Federal Reserve's June policy meeting.

"The economy was facing headwinds from tighter credit conditions, including higher interest rates, for households and businesses, which would likely weigh on economic activity, hiring, and inflation, al-though the extent of these effect remained uncertain," the minutes said. Meanwhile, manufacturing data released Wednesday morning showed factory orders came in weaker than expected.

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

U.S. stock futures drift lower, Fed minutes loom - what's moving markets By Investing.com⚠️BREAKING: *U.S. STOCK FUTURES DRIFT LOWER AFTER INDEPENDENCE DAY HOLIDAY, FED MINUTES LOOM $DIA $SPY $QQQ 🇺🇸🇺🇸
Source: Investingcom - 🏆 450. / 53 Read more »

Stock market news today: Investors await Fed meeting minutesUS stocks slip as investors await Fed minutes and parse China growth data
Source: BusinessInsider - 🏆 729. / 51 Read more »

U.S. stock futures slip as soft China data revives growth concerns, Fed minutes loomU.S. stock futures were lower early Wednesday as concerns about a faltering Chinese economy damped risk appetite.
Source: MarketWatch - 🏆 3. / 97 Read more »

Stock futures fall as investors await Fed meeting minutes: Live updatesInvestors are coming off a positive session Monday, which kicked off the start of a new trading month, quarter and half-year for traders.
Source: CNBC - 🏆 12. / 72 Read more »