Stocks finish mixed, oil skids
Toews Asset Management CEO Phil Toews shares insight on investing amid moving markets.
U.S. stock indexes ended little changed Thursday as investors looked past the Federal Reserve’s minutes released the prior day which indicated the central bank could begin its taper later this year.
The Dow Jones Industrial Average slipped 65 points, or 0.19%, while the S&P 500 and the Nasdaq Composite rose 0.11% and 0.13%, respectively. The Dow had lost as many as 270 points in the opening minutes of trading, extending the decline from the 382-point drop on Wednesday.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| I:DJI | DOW JONES AVERAGES | 34894.12 | -66.57 | -0.19% |
| SP500 | S&P 500 | 4405.8 | +5.53 | +0.13% |
| I:COMP | NASDAQ COMPOSITE INDEX | 14541.78847 | +15.87 | +0.11% |
The Fed minutes released Wednesday showed several officials were in favor of scaling back asset purchases this year in order to be ready to raise interest rates if necessary. Others said the
