U.S. Stocks Finish Lower as Trade Tensions Simmer: Markets Wrap

  • Fed minutes endorse patient approach; retail shares slump
  • Trump weighs blacklisting more Chinese technology companies
FOMC Minutes Show Fed Will Be Neutral for 'Some Time,' Bernstein's Fisher SaysSource: Bloomberg
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U.S. stocks fell Wednesday as trade tensions simmered, with the White House said to be preparing to blacklist more Chinese technology companies. The dollar and Treasuries held their ground after the release of meeting minutes from the Federal Reserve, which stressed a patient approach to interest-rate changes.