Listen

Description

Wall Street finished with modest gains in a quiet trading session overnight as investors digested the latest meeting minutes from the Federal Reserve's most recent monetary policy meeting - Dow up +26-points or +0.12% and the broader S&P500 +0.14% (with the retail sector leading the gainers list following some solid second-quarter results from Target Corp up 3.60% and Urban Outfitters Inc +18%). The NASDAQ rose +0.19%, with Amazon slipping -0.50% as President Trump renewed his attack on the retail giant (via Twitter naturally), saying the company "is doing great damage to taxpaying retailers. Towns, cities and states throughout the US are being hurt - many jobs being lost!". President Trump's decision to disband both the manufacturing council and Strategic and Policy Forum amid a wave of resignations from business leaders also capped broader market gains (note that former had never convened, while the latter had only met twice).