Wall Street ticked upward while oil continued to slide on Wednesday as investors juggled concerns over inflation versus a recession after Federal Reserve minutes showed officials rallied around a large rate hike at their June meeting. All three major stock indices ended higher after the release of the Fed minutes, which showed officials agreeing that the inflation outlook had deteriorated and expressing concern over lost faith in the Fed’s ability to stem it. The Fed at that meeting hiked rates by 0.75% for the first time since 1994. read more The Dow Jones Industrial Average (.DJI) was up 0.22%, the S&P 500 (.SPX) climbed 0.36% and the Nasdaq Composite (.IXIC) was up 0.35%. The MSCI world equity index (.MIWD00000PUS) , which tracks shares in 45 nations, was up 0.14%. Oil struggled to stay above $100 a barrel, dropping to a 12-week low on recession […]