Investors Await Minutes From the Federal Reserve's Meeting

U.S. stock were marginally higher on Wednesday ahead of minutes from the Federal Reserve's last meeting earlier this month.
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U.S. stock were marginally higher on Wednesday ahead of minutes from the Federal Reserve's last meeting earlier this month, and after Moody's lowered the credit rating for China, the world's second-largest economy, amid concerns for rising debt levels and slowing growth.

Wall Street will be paying close attention to the minutes from the U.S. central bank, looking for clues as to the pace of interest rate hikes through the rest of 2017. Most economists are pricing in a rate hike when the Fed meets next in mid-June.

READ MORE: 5 Things You Must Know Before the Market Opens Wednesday

This article was written by a staff member of TheStreet.