Dow Jumps More Than 100 Points Following Release Of Fed Minutes

U.S. stocks traded higher toward the end of trading, following the release of minutes from the recent Federal Reserve meeting, which suggest inflation remains the central bank's top priority. The country's central bank reiterated its prior intentions to do whatever it takes to bring inflation down. The Dow traded up 0.44% to 31,105.23 while the NASDAQ rose 0.73% to 11,405.42. The S&P also rose, gaining, 0.61% to 3,854.93. Also check this: Markets Looking For Recession-Related Comments From Fed, Here's The Major Macro Issues For Wednesday Leading and Lagging Sectors Utilities shares rose by 0.9% on Wednesday. Meanwhile, top gainers in the sector included Genie Energy Ltd. (NYSE: GNE ), up 5% and Huaneng Power International, Inc. (NYSE: HNP ) up 5%. In trading on Wednesday, energy shares dipped by 2.4%. Top Headline Amazon.com Inc (NASDAQ: AMZN ) agreed to acquire a 2% stake in Just Eat Takeaway.com N.V.'s (OTC: JTKWY ) struggling U.S. meal delivery business Grubhub and offer its Prime members access to the service for a year.   Equities Trading UP Resolute Forest Products Inc. (NYSE: RFP ) shares shot up 64% to $20.45 after The Paper Excellence Group announced an agreement to acquire the company. Shares of SCWorx Corp. (NASDAQ: WORX ) got a boost, shooting 20% to ... Full story available on Benzinga.com