The Dow Jones Industrial Average ended at a record for its ninth session in a row. That's its longest record-breaking streak in three decades. The S&P 500 and Nasdaq weren't so fortunate, logging slight losses after Tuesday's records. The Federal Reserve drove market direction this afternoon after meeting minutes confirmed a switch to a more hawkish central bank. Members said it would be appropriate to hike interest rates "fairly soon" in minutes from its recent meeting.
DuPont (DD) contributed the bulk of the Dow's gains on reports its merger with Dow Chemical (DOW) would clear regulatory hurdles in Europe. The EU will reportedly OK the deal ahead of an April deadline. Garmin (GRMN) surged after a better-than-expected quarter and robust growth estimates for fiscal 2017. The GPS-tech company reported a 10% increase in quarterly sales.
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