Major U.S. stock-indexes lower on Thursday after the U.S. Federal Reserve signaled the possibility of an interest rate hike as early as June and oil prices dropped on fresh concerns of oversupply. Minutes of the Fed's April meeting, released on Wednesday, caught the market by surprise as they showed that most policymakers thought a June rate hike was appropriate, given continued improvement in the U.S. economy.
Most of Dow stocks in negative area (26 of 30). Top looser - The Boeing Company (BA, -2,86%). Top gainer - Wal-Mart Stores Inc. (WMT, +9,45%).
All S&P sectors also in negative area. Top looser - Industrial goods (-1,4%).
At the moment:
Dow 17326.00 -153.00 -0.88%
S&P 500 2026.25 -15.25 -0.75%
Nasdaq 100 4293.00 -39.25 -0.91%
Oil 47.64 -1.14 -2.34%
Gold 1252.60 -21.80 -1.71%
U.S. 10yr 1.85 -0.03