Market Snapshot: S&P 500, Nasdaq end at records as investors eye likely timeline for Fed slowing stimulus

U.S. stock indexes end higher after the release of the Federal Reserve’s June policy meeting minutes, with several Fed officials seeing a tightening of monetary policy potentially happening sooner than expected as the economy recovers from the pandemic, but no move to taper asset purchases seems imminent.

U.S. stock indexes end higher after the release of the Federal Reserve’s June policy meeting minutes, with several Fed officials seeing a tightening of monetary policy potentially happening sooner than expected as the economy recovers from the pandemic, but no move to taper asset purchases seems imminent.