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Wall Street declines after Fed minutes

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Reuters Delhi, India

NEW YORK (Reuters) - U.S. stocks fell on Wednesday after minutes from the U.S. Federal Reserve suggested the central bank may have to slow or stop buying assets before seeing a pickup in hiring.

The Dow Jones industrial average dropped 17.50 points, or 0.12 percent, to 14,018.17. The Standard & Poor's 500 Index dropped 7.12 points, or 0.47 percent, to 1,523.82. The Nasdaq Composite Index dropped 19.17 points, or 0.60 percent, to 3,194.43.

(Reporting by Edward Krudy; Editing by Jan Paschal)

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First Published: Feb 21 2013 | 12:43 AM IST

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