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  • Equity markets traded mixed on Wednesday ahead of the Thanksgiving break, with cash stocks closed throughout the Thursday session. The S&P 500 generally traded lower, with markets adding further weight on the release of the FOMC minutes.
  • The Fed minutes suggested underlying support among the board for an acceleration of the taper process should economic conditions improve, with some also suggesting a need to bring forward the window within which to hike rates should the situation warrant. The Fed minutes put the e-mini S&P swiftly back below 4680, but the move was short-lived.
  • Materials and consumer staples were the poorest performing sectors, while real estate and energy names made up the top end of the table.
  • European trade was similarly mixed, with the UK's FTSE-100 adding 0.3%, in contrast with the DAX and Spain's IBEX-35, which slipped into negative territory.