Traders watch as Federal Reserve Chairman Ben Bernanke is seen on television during a news conference, on the floor at the New York Stock Exchange

Wall St. to Slide After Fed's Stimulus Wind-Down Outline

Reuters Stocks were set to slide at the open on Thursday, adding to a more than 1 percent drop a day earlier, after Federal Reserve Chairman Ben Bernanke outlined the start of a wind-down of stimuli that has been instrumental to the market's rally.

  • U.S.Federal Reserve Chairman Bernanke speaks to the press following the Fed's two-day policy meeting at the Federal Reserve in Washington
    Ben Bernanke's Power Over Your Money CNNMoney.com

    Ben Bernanke scared stock investors on Wednesday when he said the Federal Reserve may start slowing its economic stimulus program later this year, but what does it mean for borrowers and savers?

    U.S.Federal Reserve Chairman Bernanke speaks to the press following the Fed's two-day policy meeting at the Federal Reserve in Washington

    Ben Bernanke scared stock investors on Wednesday when he said the Federal Reserve may start slowing its economic stimulus program later this year, but what does it mean for borrowers and savers?

  • Even if Foreclosure Seems Inevitable, Free and Trustworthy Help is Available
    Housing Recovery Is Precarious: Shilling Daily Ticker

    The housing rebound is based on rentals, not on new homeowners 'who are the basis of any solid rally,' says economist and investment adviser Gary Shilling.

    Even if Foreclosure Seems Inevitable, Free and Trustworthy Help is Available

    The housing rebound is based on rentals, not on new homeowners 'who are the basis of any solid rally,' says economist and investment adviser Gary Shilling.

  • Man holds a pamphlet handed out by a recruiter while attending a job fair in New York
    Jobless Claims Rise Above Expectations Last Week Reuters

    The number of Americans filing new claims for unemployment benefits rose more than expected last week, but not enough to signal a material shift from the recent pace of moderate job growth.

    Man holds a pamphlet handed out by a recruiter while attending a job fair in New York

    The number of Americans filing new claims for unemployment benefits rose more than expected last week, but not enough to signal a material shift from the recent pace of moderate job growth.

 
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