While you were sleeping Hesitancy after new records

Mon, 20 May 2013

By Margreet Dietz May 21 (BusinessDesk) - Wall Street touched fresh records earlier in the day before giving up gains as investors await clues from the US Federal Reserve on its plans for maintaining stimulus measures. The minutes from the latest Fed's policy committee meeting are due on Wednesday, the same day that Fed Chairman Ben Bernanke will be giving testimony to Congress. In late afternoon trading in New York, the Dow Jones Industrial Average was down 0.12 percent, as was the Nasdaq Composite Index. The Standard & Poor's 500 Index edg...

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