(Reuters) - NEW YORK, April 11 - U.S. stocks dropped on Wednesday as minutes from last month's Federal Reserve meeting hinted at the need for more rate hikes, while surging gasoline futures contract prices and signs of housing market troubles darkened the outlook for consumer spending.
Citigroup Inc. helped pull down the Dow after the bank said it will eliminate 17,000 jobs, or 5 percent of its work force. The restructuring news had been expected for several weeks and helped push Citigroup's shares up 7.5 percent since mid-March. For details, see [ID:nN11415488]
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