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

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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