U.S. stocks surrender early gains to close lower after Fed minutes hint at more aggressive hikes

U.S. stocks finished lower on Wednesday after the release of minutes from the Federal Reserve’s September policy meeting, wherein policy makers noted that inflation remained “unacceptably high.” The S&P 500
SPX,
-0.33%
closed 11.81 points, or 0.3%, lower at 3,577.03. The Dow Jones Industrial Average
DJIA,
-0.10%
finished off 28.34 points, or 0.1%, at 29,210.85. The Nasdaq Composite
COMP,
-0.09%
closed 9.09 points, or 0.1%, lower at 10,417.10. All three major indexes finished lower for a sixth straight day.