Workflow
Stock market today: Nasdaq, Dow, S&P 500 fall with divided Fed, Alibaba in focus

US stocks fell on Wednesday, as Wall Street digested mixed messaging from Fed officials on US interest rates. The S&P 500 (^GSPC) and the Dow Jones Industrial Average (^DJI) declined by over 0.3%, while the tech-heavy Nasdaq Composite (^IXIC) dropped 0.5%. The declines marked a reversal from the indexes' earlier gains. Debate over the prospects for US interest rate cuts — the big focus for markets right now — appeared to pressure stocks. Comments from Federal Reserve officials this week have hinted at g ...