NEW YORK - Wall Street appeared headed for another tough session Tuesday, as stock futures retreated on comments from Federal Reserve Chairman Ben Bernanke that housing remains a drag on the economy.
Bernanke's comments late Monday during a speech at the New York Economic Club revived concerns that a recovery from the summer's credit crisis might take longer than expected. Investors also remain concerned about third-quarter earnings and rising energy costs.
Stocks had their biggest retreat in more than five weeks Monday after a consortium of banks led by Citigroup Inc. set up a fund to help bail out the credit markets. The nation's largest financial institution also …

Комментариев нет:
Отправить комментарий