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S&P 500 closes flat after Fed minutes

MARKETS-USA-STOCKS:S&P 500 closes flat after Fed minutes

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Reuters NEW YORK

The S&P 500 finished flat on Wednesday as U.S. stocks rallied back from earlier losses after minutes from the Federal Reserve's latest meeting indicated the central bank might be ready for another round of stimulus.

The Dow Jones industrial average slipped 30.82 points, or 0.23 percent, to end unofficially at 13,172.76. The Standard & Poor's 500 Index inched up just 0.32 of a point, or 0.02 percent, to end unofficially at 1,413.49. The Nasdaq Composite Index advanced 6.41 points, or 0.21 percent, to close unofficially at 3,073.67.

 

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First Published: Aug 23 2012 | 1:41 AM IST

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