Evening Market Recap - Wednesday, 6-Sep

US equities finished lower in Wednesday trading, ending a bit off worst levels, with the Dow Jones, S&P500, and Nasdaq closing down 57bps, 70bps, and 106bps respectively. ISM services surprised to the upside. Fed's Beige Book said growth was modest in July and August. Fed's Collins said she does not think the central bank is there yet on containing inflation, but also noted may be very near, or at, peak rates.