Stocks end choppy session mixed after Fed’s inflation stance

  • Stocks end choppy session mixed after Fed's inflation stance

    U.S. stocks ended mixed with the Nasdaq Composite edging out a small gain in what was a choppy session after the minutes of the Federal Reserve's last meeting showed policymakers plan to keep hiking rates as inflation soars. The yield on the 10-year Treasury hit the second highest level of 2023 at 3.92%. In commodities, oil fell over 3% to $73.95 per barrel.

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