Market Snapshot: Stocks little changed as Fed rate-hike debate rages on

Wall Street was poised for choppy trade on Wednesday as investors opted for caution ahead of Federal Reserve minutes that could reveal if a rate increase in 2016 is in the cards.

Futures for the Dow Jones Industrial Average YMU6, -0.06% lost 16 points, or 0.1%, to 18,508, while those for the S&P 500 index ESU6, +0.01% dropped 0.30 points to 2,176.50. Futures for the Nasdaq-100 index NQU6, +0.10% wavered, and was most recently trading 4 points, or less than 0.1% higher, at 4,892.50.

The negative mood ahead of the open came after stocks closed lower on Tuesday, following hawkish comments from Fed officials.

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