Evening Market Recap - Wednesday, 21-Feb
FEB 21
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US equities finished mixed in Wednesday afternoon trading, ending near best levels, with the Dow Jones and S&P500 both finishing up 13bps while the Nasdaq closed down 32bps. Latest FOMC minutes noted most officials flagged the risks of cutting rates too early, though some policymakers pointed to downside risks of maintaining higher rates for too long. Fed’s Governor Bowman said time for lower rates is certainly not now, while Richmond's Barkin said question now is how long disinflation will take. Market now focused on nVidia earnings after the close.

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