US stocks slip as traders wait for Fed meeting minutes

News Snapshot:

Michael M. Santiago/Getty Images US stocks were lower Wednesday morning ahead of the release of the Fed's latest meeting minutes. Inflation has been falling but is still above the Fed's target, creating doubt about how soon it could pivot. China's economic situation continues to worsen, prompting concerns about global growth. US stocks were down on Wednesday as traders waited on further indication of how the Federal Reserve is feeling about inflation. Markets were eyeing the release of the Fed's July meeting minutes, due out Wednesday at 2 p.m. ET. While fed fund futures show that July marked the last rate...