Questions over the inflation outlook and what it means for future rate hikes kept the Fed split at its September meeting, according to minutes. Even so, stocks still marched to new records, the Dow for its second day in a row.
More on the Fed, many members of the FOMC said another rate hike by year's end was likely to be warranted. However, participants also expressed concern over low inflation readings and worried that these were more persistent trends.
Amazon.com Inc. (AMZN) - Get Report moved higher after Credit Suisse upped its price target. The firm is confident in Amazon's position in the grocery market even as competitors up their investment in the space.
SeaWorld Entertainment (SEAS) - Get Report climbed even after Merlin Entertainments shut down rumors of takeover talks. SeaWorld spiked last week on reports the U.K.-based amusement park company was considering an acquisition.
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