Wall Street trims gains on Fed minutes

By IBTimes Staff Reporter | February 17 2010 2:16 PM

Stocks briefly trimmed gains on Wednesday following the release of minutes from the Federal Reserve's recent policy-setting meeting.

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The minutes showed Fed officials expected the U.S. recovery to continue but saw a slow pickup in employment growth.

The Dow Jones industrial average <.DJI> was up 15.72 points, or 0.15 percent, at 10,284.53. The Standard & Poor's 500 Index <.SPX> was up 1.88 points, or 0.17 percent, at 1,096.75. The Nasdaq Composite Index <.IXIC> was up 5.88 points, or 0.27 percent, at 2,220.07.

(Reporting by Ellis Mnyandu; Editing by Kenneth Barry)

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