Wall Street slips after minutes show Fed united on rate hikes

Wall Street`s major indexes slipped on Wednesday after the Federal Reserve released meeting minutes showing broad agreement on the need to raise borrowing costs further, cementing investor concerns that had helped cause a major sell-off the week before.

The Dow Jones Industrial Average fell 92.48 points, or 0.36 percent, to 25,705.94, the S&P 500 lost 0.74 points, or 0.03 percent, to 2,809.18 and the Nasdaq Composite dropped 2.79 points, or 0.04 percent, to 7,642.70.

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