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Top Stories Market Snapshot: U.S. stocks rebound on Facebook U.S. stocks rebound from a week of losses, with shares of Facebook Inc. trading in their trading debut on the Nasdaq.
Currencies: Dollar index slips after 14-session rally The U.S. dollar index edges lower against most major currencies Friday, pulling back a bit after its longest rally since at least 1985, with traders eagerly awaiting news from this week’s Group of Eight meeting.
Earnings Watch: Updates, advisories and surprises A roundup of the latest corporate earnings reports and what companies are saying about future quarters.
Tech Stocks: Tech stocks active ahead of Facebook debut Social networking giant ready to start trading at $38 a share; Yahoo reportedly in deal to sell at least some of its Alibaba assets back to the Chinese e-commerce company.
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May 18, 2012 11:39 AM EDT
Fed Chairman Ben Bernanke was before the House Budget Committee on Tuesday. This was a perfect opportunity for pre-election grandstanding by a few House members. Some questions took all of the time allotted, and weren’t really questions, but speeches. It is what they do. What our congressional leaders don’t do was the main topic of conversation, dealing with the growing budget deficit. Senators and Representatives love to ask Bernanke if the U... full story >>