US stocks were little changed in early trading on Wednesday as investors awaited Federal Reserve minutes of its May meeting that could cement the chances of a rate hike next month. Fed funds futures show that traders now see a 75 per cent chance that the US central bank will raise interest rates in June. The minutes will be released at 2 p.m. ET (1600 GMT). Investors are also awaiting more details regarding the Fed trimming its $4.5 trillion balance sheet. "Our US economists expect the minutes to come down on the hawkish side and continue to expect the Fed to hike in ...
Wall Street little changed ahead of Federal Reserve minutes
Investors are also awaiting more details regarding the Fed trimming its $4.5 trillion balance sheet
Reuters Last Updated at May 24, 2017 21:06 IST