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VOL. 46 | NO. 26 | Friday, July 1, 2022

Stocks rise after release of Fed meeting minutes

The Associated Press

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Stocks are closing higher on Wall Street Wednesday following the release of minutes from the Federal Reserve's most recent policy meeting. The S&P 500 rose 0.4%, the Dow Jones Industrial Average gained 0.2% and the Nasdaq rose 0.3%. The Russell 2000 index of small company stocks remained in the red, a sign that investors are worried about economic growth. The minutes of the two-day meeting last month show that Fed officials concluded higher interest rates could be needed to restrain what they saw as a worrying trend: consumers starting to anticipate higher inflation. Bond yields rose.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 0
MORTGAGES 0 0 0
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 0
BANKRUPTCIES 0 0 0
BUSINESS LICENSES 0 0 0
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0