Stocks give up their gains as Bernanke essentially repeats what we have known for months: The...


Stocks give up their gains as Bernanke essentially repeats what we have known for months: The unemployment picture remains unsatisfactory and the Fed stands ready to act. The Chairman delivers no promise for more stimulus, but he's made it clear he has no intention of doing such outside of FOMC policy meetings. S&P 500 flat after being higher by about 0.8% pre-speech.

Comments (2)
  • davidingeorgia
    , contributor
    Comments (2661) | Send Message
     
    Zzzzzzzzzzzzzzzzzzz!

     

    In other breaking news, the sun rises in the East and sets in the West.
    31 Aug 2012, 10:14 AM Reply Like
  • berbno1
    , contributor
    Comments (1466) | Send Message
     
    ...or, damned if he did, damned if he didn't. What would have been your move?
    31 Aug 2012, 10:36 AM Reply Like
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