Thursday, July 12, 2012

Stocks lower ahead of Fed minutes

By msnbc.com news services

Stocks were lower Wednesday, ahead of the release of minutes from the Federal Open Market Committee's June meeting.

Economic data show the U.S. trade deficit shrank by 3.8 percent in May.

The bankrupt parent of American Airlines, AMR, plans to formally sound out potential partners about a merger or other investment deal in coming weeks, The Wall Street Journal said, setting the stage for a showdown over the airline's path out of bankruptcy.

Source: http://marketday.msnbc.msn.com/_news/2012/07/11/12681391-stocks-lower-ahead-of-fed-minutes?lite

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