WTI Crude, Gold, HSI, Dow, S&P 500 and Nasdaq
In the central bank’s July meeting minutes, officials said additional tightening may be necessary to bring down inflation.
Intel fell more than 3% to lead the Dow lower. Communications services, real estate and consumer discretionary were among the worst-performing S&P 500 sectors, losing more than 1% each.
Meanwhile, the back end of the corporate earnings season rolled on. Target shares rose roughly 3% even after the retailer cut its full-year outlook. Insurance company Progressive jumped nearly 9%, also on the back of its earnings report.
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