Dow, Nasdaq and S&P Drop on Wednesday
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iStock/Thinkstock(NEW YORK) — Not much movement for the markets on Wednesday.
The Dow Jones Industrial Average dropped 2.09 points, ending the day at 17,685.73. The Nasdaq lost 26.73 points, closing at 4,675.71, and the S&P 500 went down 3.08 points, to 2,048.72.
Stocks got a brief bump when the Federal Reserve released the minutes of its latest meeting and said interest rates would remain low for the time being.
Lowe’s third-quarter earnings jumped 17% as home improvement retailers continue to rebound from a tough start to the year, reaping gains from a growing recovery in the housing market.
Target is reporting a 3.1% gain in third-quarter profits to beat Wall Street expectations as its U.S. business rebounds from last year’s massive data breach.
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