Stocks fell Wednesday after the minutes from the last FOMC meeting confirmed that the Federal Reserve will begin raising interest rates as its own concerns about inflation grow.
The Dow Jones Industrial Average declined 393 points, or 1.1%, after being in the green before the Fed released the minutes from its December meeting. The S&P 500 fell 1.9% after being flat most of the day, and the tech-heavy Nasdaq Composite dropped 3.3%, its largest drop since March 202. The Nasdaq also fell Tuesday and is now down 6% since its…