- All eyes on Fed minutes at 2 p.m. ET
- Financials, energy lead sectoral falls
- Didi falls as China fines it for illegal merger deals
- Indexes up: Dow 0.04%, S&P 0.15%, Nasdaq 0.15%
July 7 (Reuters) – The Nasdaq and the S&P 500 hit new highs on Wednesday, helped by a rally in technology-heavy growth stocks, while investors awaited minutes from the Federal Reserve’s meeting after the central bank took a more hawkish tone last month.
Mega-cap technology names Facebook Inc (FB.O), Alphabet Inc (GOOGL.O), Amazon.com Inc (AMZN.O) and Apple Inc (AAPL.O) gained between 0.1% and 1.5%, providing the biggest boost to the S&P 500 (.SPX) and the Nasdaq (.IXIC).
Wall Street has been…