The dollar index rose 0.63 percent.On Wall Street, IBM fell 7.6 percent, dragging blue chips lower a day after the company missed revenue expectations. On Tuesday, the S&P 500 posted the biggest daily gain since late March.Stocks extended losses when oil prices fell further, but the S&P 500 shifted in and out of losses after the Fed minutes and ended down less than a point. "This is consistent with the Fed's rhetoric that they will continue to gradually raise interest rates. "The stock market would have to go into a persistent, prolonged decline to change the Fed’s outlook on the economy. MSCI's broadest index of Asia-Pacific shares outside Japan closed 0.26 percent higher, while Japan's Nikkei rose 1.29 percent.U.S.

Source: thestar October 17, 2018 23:15 UTC