News Summary: Wall Street rally fades on Bernanke

Thu, 06/07/2012 - 17:30 EDT - Yahoo! Business News

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BERNANKE DISAPPOINTS: Fed Chairman Ben Bernanke told Congress the central bank was ready to act if the economy needs it, but he did not spell out any immediate steps. Weaker hiring in May and comments by a Fed regional president had led some investors to expect the Fed would make a move.

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News Summary: Wall Street rally fades on Bernanke

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