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Market Close Report: NASDAQ Composite index closes at 3,498.97 up 33.73 points

Friday's session closes with the NASDAQ Composite Index at 3,498.97. The total shares traded for the NASDAQ was over 1.78 billion. Advancers stocks led declining by 2.2 to 1 ratio. There were [...]


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Briefing.com - LIVE market analysis Market Summary  | Stocks On The Move
5/17/2013 4:15 PM ET
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[BRIEFING.COM] The S&P 500 ended this week with a bang, roaring to a new all-time high on the back of stronger-than-expected economic data, influential leadership, and an ongoing appreciation for the Fed's monetary policy...

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  • 3:34 PM   Ben Bernanke may not have overtly mentioned monetary policy during prepared remarks for a commencement address at Bard College Saturday, but he did reference Yogi Berra, and in the process made a statement that those of a cynical persuasion might say could have been pulled not only from the quips of a baseball legend, but from any recent speech by hawkish regional Fed presidents ( I, II, III): "It's tough to make predictions, especially about the future." Some would undoubtedly say the Chairman should consider this sage advice when making conjectures about the supposedly benign effects of policy tightening. 3 comments!
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