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B4 The Bell, Thursday May 20


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......................................................NYSE AMEX Nasdaq

Issues at 52 Week High .......................4 6 16

Issues at 52 Week Low .......................27 21 61

 

Advancing Volume .............208,847,000 12,009,000 150,036,000

Declining Volume ..............315,841,000 11,689,000 188,443,000

Unchanged Volume ............9,211,000 641,000 6,287,000

Total Volume ....................533,900,000 24,340,000 344,767,000

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Fed Chairman Alan Greenspan, Governor Ben S. Bernanke and President Robert McTeer are speaking today.

 

Bernanke's speech, entitled ``Gradualism: Why the Fed Tends to Move in Small Steps,'' may help investors understand what policy makers mean when they say rate increases will come at a ``measured'' pace, said Steve Barrow, a currency strategist in London at Bear Stearns & Co.

 

``The issue is not whether the Fed raises rates in June -- that is seen as a done deal,'' Barrow said. ``People are looking ahead to the Bernanke speech later today to communicate the Fed's policy, because the Fed wants to make sure that they are not perceived as being behind the curve.''

 

Bernanke will speak in Seattle at 12:45 p.m. local time.

 

http://quote.bloomberg.com/apps/news?pid=1...efer=news_index

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