Itg looks like the 3 day winning streak will end today. Dow is down 86, decliners over advancers 3-1 and NAZ dropped 25. FED's Chairman Bernanke testified in Congress that the economy will grow at "sluggish" rate before recovering later this year. After 3 up days, this is not what markets were looking for. Gold prices fell to 900 & the yield on the Treasury bond is 3.76%, up sharply from just a few weeks ago when it was under 3.50% but down from 5 1/4% last summer.
Liz Claiborne (LIZ) led decliners dropping 15% to 19 on a negative forecast. At best, retail sales remain soggy.
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