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NEWS
- Bernanke says Fed likely to reduce bond buying this year6:34 PM ET | Reuters
- NY State to privatize Long Island utility, freeze rates -Gov Cuomo6:33 PM ET | Reuters
- Afghan government to shun U.S. talks with Taliban6:33 PM ET | Reuters
- Three plead guilty in New York City payroll fraud case6:33 PM ET | Reuters
- WRAPUP 6-Bernanke says Fed likely to reduce bond buying this year6:32 PM ET | Reuters
- Leading 3-D printer firms to merge in $403M deal6:32 PM ET | AP
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[BRIEFING.COM] Equities ended on their lows with the S&P 500 down 1.4%.
The S&P entered today's session with a week-to-date gain of 1.5% as investors expected reassuring words from today's Federal Open Market Committee Statement.
Stocks traded with slim losses until this afternoon's FOMC Statement and subsequent comments from Chairman Bernanke sent equities and Treasuries to their lows while also providing a significant boost to the dollar.
Today's Statement was ... More
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