(CNBC) — U.S. stocks closed mostly higher on Wednesday as investors digested the release of the Federal Reserve's July meeting.
The Dow Jones industrial average closed about 20 points higher, with 3M contributing the most gains. The S&P 500 gained approximately 0.2 percent, with utilities advancing more than 1 percent. The Nasdaq composite underperformed, barely closing above break-even.
U.S. Treasurys traded higher after the minutes were released, with the two-year note yield at 0.73 percent and the benchmark 10-year yield at 1.55 percent.
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"It appears there are not a lot of fireworks ... that came out of this set of minutes," said Bill Northey, chief investment officer at the Private Client Group at U.S. Bank. He also said "this is setting up for one more move" which, in his opinion, will take place in December.