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Major North American indices down after Fed indicates more rate hikes to come

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Major North American indices down after Fed indicates more rate hikes to come

Major North American indices fell after the Federal Reserve said it will raise interest rates this year more times than initially expected. The Toronto Stock Exchange's S&P/TSX composite index fell 23.16 points to 16,265.82. In New York, the Dow Jones industrial average shed 119.53 points to 25,201.20