The SPDR S&P 500 (NYSE: SPY) is volatile Wednesday afternoon after minutes from the Federal Reserve's last meeting showed that officials agreed to keep hiking rates in order to fight sticky inflation.
Minutes from the latest FOMC meeting will be released on Wednesday, opening a window into the conversation that led Fed officials to decide on a 0.25% hike on the federal funds rate
S&P SmallCap 600 constituent UFP Industries Inc. (NASD: UFPI) will replace LHC Group Inc. (NASD: LHCG) in the S&P MidCap 400, and Otter Tail Corp. (NASD: OTTR) will replace UFP Industries in the S&P SmallCap
The sports betting sector has become incredibly competitive, with many operators competing for market share in the legalized states. A portfolio manager for Ark Invest told Benzinga why DraftKings (NASDAQ: DKNG) stood out for years and could be the long-term winner.