The Dow Jones Industrial Average pulled back from yesterday's 548-point gain as investors waited for the U.S. Federal Reserve to release minutes from September's meeting on monetary policy. In September, the Fed raised rates for the third time in 2018. Today's report will provide additional clues on whether the central bank has committed to a fourth rate hike later this year.
U.S. President Donald Trump has been highly critical of the central bank's efforts to normalize rates, and the uptick on borrowing costs could slow growth in the U.S. economy. Last week, markets were rattled after the 10-year Treasury bond hit its highest level in seven years.
Here are the numbers from Tuesday for the Dow, S&P 500, and Nasdaq:
Now, here's a closer look at today's Money Morning insight, the most important market events, and stocks to watch.
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