Dow futures nearly 200 points after Fed minutes note concerns

U.S. stock index futures sank Wednesday night, after stocks fell on Wall Street following Fed minutes that revealed concern over the economic outlook. As of midnight Eastern, Dow Jones Industrial Average futures ym00 were down around 170 points, or 0.6%, while S&P 500 futures es00 and Nasdaq-100 stocks nq00 fell by roughly exactly the exact same percentage. Earlier in the day, stocks gave up early gains as minutes of the Federal Reserve's July meeting showed staff cut their economic growth forecast for the remainder of both 2020 and stressed the need for further fiscal stimulus in the wake of this coronavirus pandemic. The Dow Jones Industrial Average data dropped 85.19 points, 0.3%, to close 27,692.88, while the S&P 500 spx dropped 14.93 points, 0.4 percent, to close at 3,374.85, after establishing an intraday record of 3,399.54. The Nasdaq Composite Index comp slipped 64.38 points, or 0.6%, to close at 11,146.46, after also reaching a new intraday record of 11,257.42.