US stocks tread water as Fed sparks caution

US stocks erased earlier gains on Wednesday after the Federal Reserve released the minutes from its March meeting - hinting it might start trimming its balance sheet later in the year.

US stocks tread water as Fed sparks caution
Wed, 05 Apr, 2017 - 23:45

US stocks erased earlier gains on Wednesday after the Federal Reserve released the minutes from its March meeting - hinting it might start trimming its balance sheet later in the year.

Stocks jumped after payroll processor ADP said private US businesses added 263,000 jobs in March.

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