trade woes: Bloomberg News/Landov Caption outside of wrapper for normal article images Target shares rally on strong quarterly earnings, according to Market Watch. U.S. stocks finished lower Wednesday as lingering trade woes overshadowed the release of the minutes from the Federal Reserve's policy meeting that was largely interpreted as accommodative. That error has been corrected. How did the major benchmarks fare The Dow Jones Industrial Average DJIA, -1.11% dropped 100.72 points, or 0.4%, to 25,776.61 and the S&P 500 index SPX, -1.19% fell 8.09 points, or 0.3%, to 2,856.27. What drove the market Minutes for the rate-setting Federal Open Market Committee's April 30-May 1 meeting indicated that the voting members agreed the current accommodative policy can remain for now and that they were comfortable with the wait-and-see approach. The Nasdaq Composite Index COMP, -1.58% slipped 34.88 points, or 0.5%, to 7,750.84.
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Tagged under trade woes, policy meeting topics.