MARKET CURRENTS
real-time news and commentary for investors
- Wednesday, July 21, 2010, 4:05 PM Market recap: Stocks tumbled after Bernanke poured cold water on hopes for quick Fed action to boost the economy despite an "unusually uncertain" outlook. Financials rallied on a strong report from Morgan Stanley (MS +6%), while Yahoo's (YHOO -8.5%) weak quarter dragged techs lower. NYSE decliners led advancers by about five to two. Treasurys and the dollar rose.
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