The minutes of the April meeting of the Federal Reserve Board of Governors (Fed) showed that participants agreed that the U.S. economy is still far below the Fed’s target, and coupled with the plummeting price of bitcoin (Bitcoin), U.S. stocks closed in the black today.
The Dow Jones Industrial Average ended the day down 164.62 points, or 0.48%, to close at 33896.04; the S&P 500 slipped 12.15 points, or 0.29%, to close at 4115.68.
Technology-based Nasdaq index setback 3.90 points, or 0.03%, to close at 13,299.74 points.
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