Stocks tick lower as Wall Street braces for higher rates

NEW YORK (AP) — Stocks are slipping Wednesday as Wall Street braces for interest rates to stay higher for longer with inflation remaining stubbornly sticky.The S&P 500 was 0.5% lower in its first trading after coming off a frigid February. The Dow Jones Industrial Average was down 48 points, or 0.1%, at 32,607, as of…