While you were sleeping Greek-sponsored retreat

Mon, 10 Sep 2012

By Margreet Dietz Sept 11 (BusinessDesk) - Stocks retreated as investor wariness about the outlook for the EU debt crisis, in particular Greece, offset hopes that the US central bank will act decisively later this week to bolster the world's biggest economy. In late afternoon trading in New York, the Dow Jones Industrial Average edged 0.04 percent lower, the Standard & Poor's 500 slid 0.18 percent, while the Nasdaq Composite Index fell 0.61 percent. Some believe a clear signal from the Federal Reserve Chairman Ben Bernanke on Thursday will d...

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