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Wal-Mart CEO: No Recovery In Sight
Stock quotes in this article:WMT
Duke's comments are also in contrast to remarks made Tuesday by Federal Reserve Chairman Ben Bernanke, who told a group in Atlanta, Ga., that recent economic data is encouraging and could signal a bottoming in the decline of economic activity.
"Recently we have seen tentative signs that the sharp decline in economic activity may be slowing, for example, in data on home sales, homebuilding, and consumer spending, including sales of new motor vehicles," Bernanke said in prepared remarks. "A leveling out of economic activity is the first step toward recovery."TheStreet.com Ratings, recently cited for Best Stock Selection from October 2007 through February 2009 , is an independent research provider that combines fundamental and technical analysis to offer investors tremendous value in volatile times. To see how your portfolio can use this research, click here now!
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
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|---|---|---|---|---|
| 12,393.45 | 1,310.33 | 2,827.34 | 15.81 |
Oil *
101.78
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DOWN
26.41 |
DOWN
2.99 |
DOWN
10.02 |
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0.44 |
10 Yr
1.58%
SPDR Gold
151.62
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-0.21%
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-0.23%
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-0.35%
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-2.71%
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