US stocks sag after FOMC minutes suggest more hikes

Newswire

(Updates to late afternoon) By Scott Malone NEW YORK, May 24 (Reuters) - U.S. blue-chip stocks slipped on Tuesday, with investors showing little reaction after Federal Open Market Committee minutes offered no sign when the central bank would ease its campaign of interest-rate hikes. The Dow Jones industrial average was down 35 points, or 0.33 percent, at 10,488.91. The Standard & Poor's 500 Index was down 1.59 points, or 0.13 percent, at 1,192.27. The technology-laced Nasdaq ...

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