US stocks wobbled ahead of minutes from the Federal Reserve that will be scrutinized for insights into the state of the economy and the central bank’s efforts to tame inflation through interest-rate increases.
The S&P 500 fell 0.4% Wednesday after futures on the index oscillated between small gains and losses. The broad benchmark notched a 0.2% gain on Tuesday. The Nasdaq Composite Index turned lower after an initial burst, slipping 0.5%. The Dow Jones Industrial Average lost 0.3%.