Wall Street closed on a slump on Thursday i.e. on 29th of November with a backlash from financial and tech stocks that overshadowed gains from the Federal Reserve’s report showing that the central bank is debating whether to halt interest rates.

The Dow Jones fell 0.11% to 25,338 points, the S & P 500 lost 0.22 % to 2,737 points and the Nasdaq fell 0.25 % to 7,273 points.

Wall Street closed with mild losses led by technology and financial stocks, erasing previous gains underpinned by Federal Reserve minutes that showed the central bank opened the debate on when to stop raising interest rates.

The Minutes Of The Corporate Companies

The minutes showed that nearly all Federal Reserve officials at the last meeting agreed that another interest rate increase was “likely to be justified very soon,” but also addressed a number of issues that begin to weigh on his view of the economy. The disclosure brought brief relief from stock pickings but gains were lost before closing.

Falls Back On Banks And Tech Stocks