(Reuters) - NEW YORK, June 5 - U.S. stocks fell on Tuesday
after Federal Reserve Chairman Ben Bernanke said inflation
risks remain to the upside, suggesting equity investors should
not count on an interest rate cut spurring stocks higher in the
near future.
Weighing down the Nasdaq index were shares of Bed Bath &
Beyond Inc. after the home goods retailer warned late
on Monday that it sees first-quarter profit below Wall Street
forecasts [ID:nN04208082].
Read more at Reuters.com Bonds News
after Federal Reserve Chairman Ben Bernanke said inflation
risks remain to the upside, suggesting equity investors should
not count on an interest rate cut spurring stocks higher in the
near future.
Weighing down the Nasdaq index were shares of Bed Bath &
Beyond Inc. after the home goods retailer warned late
on Monday that it sees first-quarter profit below Wall Street
forecasts [ID:nN04208082].
Read more at Reuters.com Bonds News
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