Markets Pare Earlier Losses Following FOMC Minutes (SPY) (QQQ)

Markets have pared losses following FOMC minutes for its July meeting, which were released Wednesday afternoon.

The Fed said that most officials sees conditions nearing those needed for a potential rate hike. The Fed also expects to keep its robust balance sheet amid the hike.

Read more on the minutes here.

The S&P 500 and Dow Jones Industrials are down 0.2 percent, while the Nasdaq is off 0.1 percent.

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