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According to Bloomberg, Federal Reserve Chairman Ben Bernanke tells the House Financial Services Committee that the Fed's asset purchases "are by no means on a preset course." For the full article, click here.
Coincidence, or something more? MarketWatch crunches the numbers and finds that Fed Chairman Ben Bernanke's semi-annual testimonies before Congress tend to nudge the S&P higher. Click here to see the study results.
A June swoon for housing: U.S. housing starts fall by almost 10%. For the full Reuters story, click here.