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Stock impact report

Wall Street retreats from its records as worries about high interest rates weigh [Los Angeles Times (CA)]

S&P Global Inc. (SPGI) 
Last s&p global inc. earnings: 4/28 07:10 am Check Earnings Report
US:NYSE Investor Relations: stocktwits.com/symbol/s
The Standard & Poor's 500 fell 14.40 points, or 0.3%, to 5,307.01 a day after setting its latest all-time high. The Dow Jones industrial average sank 201.95, or 0.5%, to 39,671.04, and the Nasdaq composite slipped 31.08, or 0.2%, to 16,801.54 after setting its latest record. Indexes had been close to flat early in the day, but they slunk lower after the Federal Reserve released the minutes of its last policy meeting. Discouragingly for markets, the minutes showed Fed officials suggesting it “would likely take longer than previously thought” to get inflation fully under control after disappointingly high readings at the start of the year. And even though Fed Chair Jerome H. Powell said after the meeting that the Federal Reserve is more likely to cut rates than to hike them, the minutes said “various participants” were willing to raise rates if inflation worsens. That complicated the rekindled hopes on Wall Street that the Fed will be able to cut its main interest rate at least onc Show less Read more
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