Fed meeting minutes offer little new information- S+P 500 edges higher

The US Federal Reserve have just released the minutes from their December 18 meeting. The initial take away from those minutes has indicated a more gradual move to a neutral stance on monetary policy. There were some doubts expressed about the potential impact of future Trump policy. Overall view on future action was generally balanced it seems and the net upshot of this is that the markets have not really learned much more than they knew already. Ahead of this the US stock markets were all back in the red, in what had been a pretty choppy session, in which all three indexes had fluctuated between small percentage losses and small percentage gains. The dollar was still on the front foot overall, due to those elevated yields, but the Euro had continued to outperform the Pound and the Yen versus the US currency. The S+P 500 had traded to a low at 5,874.78 earlier today and as the impact of these minutes filters through, the index is edging back up a little, trading right now at 5,903. It remains to be seen if that will last into the close later on