Yahoo! Finance News – Angela Moon, Ben Bernanke, Donald Trump, Japan, Wall Street Ends Down But Off Session Lows
Stocks slipped but finished sharply off their session lows as a rally in HP’s shares offset worries about weak Chinese manufacturing data and the prospects of the Fed reducing its monetary stimulus.
Bernanke Stumbles, Markets React
Fed Chairman Ben Bernanke made a rare misstep During testimony to the Joint Economic Committee on the economic outlook. He left markets confused as to where Fed policy was headed.
87-Year-Old Woman Loses to Trump in Civil Case
An 87-year-old grandmother took on billionaire Donald Trump and she lost. Jurors sided with the real estate mogul-turned-TV showman in a weeklong civil trial focused on Jacqueline Goldberg’s claim that Trump cheated her in a condo bait-and-switch scheme.
Japan Fuels Global Sell-Off
After rising 80% in the past seven months, Japan’s benchmark Nikkei 225 stock index finally blinked. A staggering 7% single-day decline rocked Tokyo’s market in ways not seen since the Earthquake-Tsunami disaster of 2011.