Stocks trim losses after Fed minutes

U.S. stocks trimmed losses on Wednesday after the release of minutes from the May 1-2 Federal Reserve policy meeting. Fed officials confirmed they planned to raise interest rates in June and were not concerned they were behind the curve on inflation. The Dow Jones Industrial Average was down 95 points, or 0.4%, to 24,735. The S&P 500 index was off by 6 points, or 0.2% to 2,718. Meanwhile the Nasdaq Composite was flat at 7,376.