US stock market ends mostly lower
Source: AP-Excite
By STEVE ROTHWELL
NEW YORK (AP) The U.S. stock market edged mostly lower on Wednesday, easing back from its latest all-time highs.
The markets barely budged following the midafternoon release of minutes from the Federal Reserve's January meeting. The transcript showed that policymakers were less likely to raise interest rates in June than investors previously thought.
The decline follows two straight days of record closing highs for the Standard & Poor's 500 index.
"The market had really gathered steam around a June tightening date, the minutes seem to have walked that back a bit," said David Lafferty, chief market strategist at Natixis Global Asset Management.
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FILE - This Jan. 4, 2010 file photo shows an entrance to a Wall Street subway station in New York. U.S. stocks are opening lower Wednesday, Feb. 18, 2015 as energy companies fall along with crude oil prices. (AP Photo/Mark Lennihan, File)
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