Stock slid early Thursday after the Federal Reserve's "hawkish hold" on Wednesday suggested more rate hikes are likely later this year while rate cuts in 2023 are now off the table. At the opening bell, the S&P 500 (^GSPC) was down about 0.2%, while Dow Jones Industrial Average (^DJI) was roughly flat. The technology-heavy Nasdaq Composite (^IXIC) slipped 0.4%. Early Thursday, data showed retail sales in May were stronger than expected in the US. Investors were also digesting news the European Central Bank further raised rates as monetary policy remains tight across developed markets. Overnight, however, the People's Bank of…