US stocks declined for the fifth consecutive day on Wednesday as Fed minutes indicated that US economy still faces a lot of downside risks, comprising possible budget crisis in Washington and persistent stagnation in the Eurozone. At the same time, the Fed was not ready to launch more measures to stimulate US economy. S&P 500 closed almost flat with minor fall of 0.001%. Mead Johnson Nutrition soared 4% after China's agency brought its apology for recent allegations that firm's baby formula contained dangerous ingredient. Applied Materials fell 0.93% after the technology company stated that it may miss full year and Q3 estimates. Best Buy Co slid 8.4% after the company cut its earnings forecast.