(CNBC) — U.S. stocks closed mixed on Wednesday as investors digested a number of economic data, including minutes from the Federal Reserve's November meeting.
The minutes released on Wednesday back the consensus view on Wall Street that the Fed is poised to raise rates in December. Policymakers left borrowing costs unchanged earlier this month, just days before Republican Donald Trump triumphed in the Nov. 8 presidential contest.
"There's nothing groundbreaking here. This is just reiterating the fact that the minority is pushing for a rate hike," said Lindsey Piegza, chief economist at Stifel Fixed Income. "It really sets us up for a key meeting in just a few weeks."
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