Market Snapshot: U.S. stocks end lower, Nasdaq loses 1.2%, after Fed minutes show most officials see more rate hikes likely

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U.S. stocks finished lower on Wednesday, led by a slump in technology-heavy Nasdaq Composite, after the Federal Reserve’s minutes from its July meeting show most senior officials saw “upside inflation risks” which could lead to more interest-rate hikes.How stocks traded On Tuesday, the Dow Jones Industrial Average fell 361 points, or 1.02%, to 34,946, the S&P 500 declined 52 points, or 1.16%, to 4,438, and the Nasdaq Composite dropped 157 points, or 1.14%, to 13,631.What drove markets Stocks…

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