Stock Market Today: Stocks Close Lower After Fed Minutes, Meta Pops

While the major indexes were choppy, Meta Platforms stock popped on news of a new microblogging app.

Threads app, operated by Meta, logo on smartphone
(Image credit: Bloomberg/Getty Images)

It was a sleepy start for stocks following the Fourth of July holiday, with the major indexes bouncing between positive and negative territory throughout Wednesday's session. 

The choppy price action came as market participants looked ahead to the mid-afternoon release of the minutes from the June Fed meeting (when it chose to pause hiking interest rates) and continued into the close. 

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Karee Venema
Senior Investing Editor,

With over a decade of experience writing about the stock market, Karee Venema is the senior investing editor at She joined the publication in April 2021 after 10 years of working as an investing writer and columnist at Schaeffer's Investment Research. In her previous role, Karee focused primarily on options trading, as well as technical, fundamental and sentiment analysis.