04:19 PM EDT, 08/20/2025 (MT Newswires) -- US benchmark equity indexes ended mixed on Tuesday as investors parsed the Federal Reserve's latest meeting minutes, while a drop in big tech stocks drove the Nasdaq Composite and S&P 500 lower.

* Minutes from the Fed's July meeting released Wednesday revealed that most officials believed it was too early to cut interest rates, even as they voiced concerns about inflation and the labor market. The release precedes a speech by Fed Chair Jerome Powell on Friday, which investors are watching for clues on future rate policy.

* September West Texas Intermediate crude oil rose $1.27 to settle at $63.14 per barrel, while October Brent crude, the global benchmark, was last seen up $1.20 to $66.99.

* Analog Devices ( ADI ) shares rose 6.3% after the company reported higher fiscal Q3 adjusted earnings and revenue.

* Target ( TGT ) shares dropped 6.3% after the company named a new chief executive officer and maintained a cautious outlook amid tariff-related headwinds while affirming its full-year earnings forecast.