Markets See Mixed Day Of Trading Amid Fed's Latest Minutes

Markets See Mixed Day Of Trading Amid Fed's Latest Minutes

U.S. indices had a mixed day of trading Wednesday amid ongoing Russia-Ukraine tensions. Investors are also weighing the Fed's January meeting minutes, which were released Wednesday afternoon.

Fed members continued to stress maintaining flexibility to implement policy adjustments should be a guiding principle. Most Fed members suggested the pace of rate hikes moving forward will be at a faster rate than the post-2015 period.

  • The Nasdaq composite traded flat at 14,124; The Invesco QQQ Trust Series 1 QQQ fell by 0.03% to $356.04
  • The S&P 500 traded flat at 4,475; The SPDR S&P 500 ETF Trust SPY gained 0.12% to $446.63
  • The Dow Jones composite traded flat at 11,686; The SPDR Dow Jones Industrial Average ETF Trust DIA finished lower by 0.2% at $349.67 

Here are the day's winners and losers from the Nasdaq-100, according to data from Benzinga Pro.
Airbnb Inc ABNB, Datadog Inc DDOG and Kraft Heinz Co KHC were among the top gainers for the QQQ.
Zoom Video Communications Inc ZM, Paypal Holdings Inc PYPL and Docusign Inc DOCU were among the top losers for the Nasdaq-100.

Elsewhere On The Street

NVIDIA Corp NVDA is ramping up its automobile advancement efforts with a newly announced partnership that aims to infuse intelligence technology into the consumers' driving experience… Read More

Upstart Holdings Inc. UPST shares are trading higher Wednesday after the company reported better-than-expected fourth-quarter financial results, issued guidance above estimates and announced a buyback program… Read More

Peabody Energy Corporation BTU is the largest private-sector coal company in the world, and over the past year, one of the largest gainers in American markets… Read More

Posted In: NewsAfter-Hours CenterMarkets