Stock Market Today: Stocks Fall After Hawkish Fed Minutes

Retail earnings were also in focus Wednesday with Target and TJX moving in opposite directions after their quarterly results.

closeup of stock chart with red and green bars
(Image credit: Getty Images)

Stocks were slow to get off the mat Wednesday as market participants sifted through several earnings reports from major retailers and looked ahead to tonight's quarterly results from AI giant Nvidia (NVDA). 

Not helping matters was a hawkish tone in the minutes from the Federal Reserve's May policy meeting, which kept pressure on stocks through 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.