Dow ends around 380 points lower as Fed minutes show support for tapering before year-end


Stocks ended lower Wednesday, falling after minutes from the Federal Reserve’s July policy meeting showed “most” officials backed tapering the central bank’s monthly asset purchases before the end of the year. The Dow Jones Industrial Average
finished with a loss of around 380 points, or 1.1%, near 34,964, according to preliminary figures, while the S&P 500
dropped around 48 points, or 1.1%, to close near 4,400. The Nasdaq Composite
declined around 130 points, or 0.9%, to end near 14,526.


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