The Dow plunged nearly 200 points following concerns from Fed Minutes

On Wednesday night, the US stock index futures fell minutes after the Fed’s stock fell on Wall Street, expressing concern over the economic outlook. As of 11 am Eastern, the Dow Jones Industrial Average futures YM00,
Were down more than 200 points or 0.8%, while the S&P 500 futures ES00,
And Nasdaq-100 futures NQ00,
Fell by about the same percentage. Earlier in the day, the shares gave early gains as minutes of the July meeting of the Federal Reserve showed employees cut their economic growth projections for the remainder of 2020 and emphasized the need for additional fiscal stimulus in the wake of the coronovirus epidemic gave. Dow Jones Industrial Average DJIA,
85.19 points, 0.3%, to close at 27,692.88, while the S&P 500 SPX,
After recording an intra-day of 3,399.54, it lost 14.93 points, 0.4% to close at 3,374.85. Nasdaq Composite Index Comp,
Slipped 64.38 points or 0.6% to 11,146.46 to reach a new intraday record of 11,257.42.


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