Business
Wall Street slides from record highs after Fed minutes – Sydney Morning Herald
It was a choppy day of trade on Wall Street as the S&P 500 and Nasdaq hit record highs early in the session before the Fed sparked a retreat.
The Dow Jones Industrial Average closed 0.3 per cent lower, the S&P 500 lost 0.4 per cent and the Nasdaq Composite dropped 0.6 per cent. At 6.59am AEST, futures are pointing to a slide of 15 points, or 0.3 per cent, at the open for the ASX.
Earlier in the session, the S&P 500 hit an intraday record of 3,399.54 and Nasdaq of 11,257.422.
Losses on Wall Street came after Apple became the first publicly listed U.S. company to cross $2 trillion in market capitalisation. Already the most val…
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