US markets end lower; Treasury yields and Dollar index jumpe

US markets ended lower yesterday as minutes from the last US Federal Reserve meeting showed participants agreed the US economy remained far from the central bank's goals.
   
US Treasury yields and the Dollar index jumped, as the minutes also showed Fed policymakers hinted at a possible shift in future policy.
 
Minutes of the US central bank's April 27-28 meeting said a number of Fed policymakers thought that if the economy continued rapid progress, it would be appropriate "at some point" in upcoming meetings to begin discussing tapering government bond purchases.
 
So, the Dow Jones Industrial Average fell 165 points, or 0.5 per cent, to close at 33,896. The S&P 500 lost 12 points, or 0.3 per cent, to end at 4,116. And the Nasdaq Composite dropped just 4 points, to 13,300. 

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