US STOCKS-Wall St slips after Fischer's remarks
* July consumer spending picks up slightly
* Major U.S. indexes set to end the week higher
* Freeport-McMoRan rises after Icahn discloses stake
* Indexes off: Dow 0.41 pct, S&P 0.27 pct, Nasdaq 0.20 pct (Adds details, updates prices)
By Tanya Agrawal
Aug 28 (Reuters) - U.S. stocks slipped on Friday after comments from an influential member of the U.S. Federal Reserve appeared to suggest an interest rate hike next month remained a possibility.
Fed Vice Chairman Stanley Fischer said the United States was heading in the direction of higher rates and that recent economic data had been impressive.
While Fischer said he had made no decision on a September rate hike, he added that the Fed could not wait for the case to be overwhelming to increase rates and that the recent market volatility could settle quickly.
Stocks were mixed before Fischer's comments on CNBC, with investors wary of taking big positions into the weekend after days of tumultuous trading. Continuación...