*Shares tumble after Fed chief signals stimulus could be pared back. *Adobe, FedEx rise after results; Sprint tumbles. NEW YORK, June 19- U.S. stocks fell more than 1 percent on Wednesday after Federal Reserve Chairman Ben Bernanke said the central bank would start to reduce its stimulus measures later this year if the economy is strong enough.
NEW YORK, June 19- Benchmark U.S. Treasury yields surged to their highest levels in 15 months on Wednesday as Federal Reserve Chairman Ben Bernanke suggested the U.S. central bank was prepared to reduce bond purchases if its economic outlook proves correct, even though the U.S. economy remained stuck at a sluggish pace.
BURLINGTON, Ontario, June 19- Bank of Canada Governor Stephen Poloz signaled a hands-off approach to monetary policy on Wednesday, calling for patience, at least for now, in "letting Mother Nature do her usual job" in rebuilding an economy he said was still damaged.
*Fed says risks to growth, jobs have lessened since fall. WASHINGTON, June 19- Federal Reserve Chairman Ben Bernanke said on Wednesday the U.S. economy is expanding strongly enough for the central bank to begin slowing the pace of its bond-buying stimulus later this year.
NEW YORK, June 19- Oil prices came under pressure on Wednesday while gold and copper fell after Federal Reserve Chairman Ben Bernanke said the central bank could begin to scale back its stimulus measures for the U.S. economy later this year. Wheat had its biggest rally since April on bargain buying and expectations the grain will be used as a livestock feed.
*Shares tumble after Fed chief signals stimulus could be pared back. *Adobe, FedEx rise after results; Sprint tumbles. NEW YORK, June 19- U.S. stocks fell more than 1 percent on Wednesday after Federal Reserve Chairman Ben Bernanke said the central bank would start to reduce its stimulus measures later this year if the economy is strong enough.
JERUSALEM, June 19- A recovery in the housing market and strong growth in consumer wealth will help jump-start. "There are no certainties, there are enormous risks and there are some substantial problems but... the American economy is coming back," Summers, Obama's top economic adviser until November 2010, told a conference in Jerusalem on Wednesday.
NEW YORK/ LONDON, June 19- Gold fell to a one-month low on Wednesday after the U.S. The precious metal fell further after Fed Chairman Ben Bernanke said at a later press conference on the Fed's decision that "The committee currently anticipates that it will be appropriate to moderate the monthly pace of purchases later this year."
Federal Reserve Chairman Ben Bernanke said the Fed might reduce the amount of money it pumps into the economy later this year, while higher crude stocks in the United States also hurt prices.
NEW YORK, June 19- U.S. stocks fell sharply on Wednesday, with losses accelerating in afternoon trading after Federal Reserve Chairman Ben Bernanke said the central bank could begin to scale back its stimulus measures later this year. The Dow Jones industrial average was down 205.66 points, or 1.34 percent, at 15,112.57.
The Fed said it would maintain its current $85 billion a month in bond purchases, but Fed Chairman Ben Bernanke said the U.S. central bank expects to slow the pace of the purchases later this year. "
*Fed says risks to growth, jobs have lessened since fall. WASHINGTON, June 19- Federal Reserve Chairman Ben Bernanke said on Wednesday the U.S. central bank expects to slow the pace of its bond purchases later this year and bring them to a halt around mid-2014, comments that weighed on stocks and pushed bond yields to a 15- month high.
*U.S. equities fall as Bernanke says QE could be reduced this year. NEW YORK, June 19- Bond prices and equities fell while the dollar rose on Wednesday after Ben Bernanke laid out a blueprint for how the Federal Reserve could wind down its bond purchase program.
NEW YORK, June 19- The U.S. dollar reversed early losses and rose against the euro and yen on Wednesday after the Federal Reserve's Federal Open Market Committee said it sees diminished downside risks to the outlook for the economy and the labor market.
*Adobe, FedEx shares rise after results. NEW YORK, June 19- U.S. stocks fell 1 percent in a volatile session on Wednesday, with losses accelerating after Federal Reserve Chairman Ben Bernanke said a reduction in the rate of stimulus could occur this year if the economy continues to improve.
DuckDuckGo CEO Gabriel Weinberg says web traffic on his search engine, billed as an alternative to Google that doesn't store your private information, surged 33 percent after the NSA news broke. Weinberg discusses the model of his search engine, and how the company makes money.
Wednesday, 19 Jun 2013 | 6:31 AM ETJohn Silvia, Wells Fargo Securities, and Barbara Marcin, Gabelli Dividend Income Fund, discuss whether investors should reconsider allocating their portfolios as the Fed wraps up its two-day policy meeting.
Wednesday, 19 Jun 2013 | 8:53 AM ETKen Langone, Invemed Associates chairman and president, called Fed Chairman Ben Bernanke a "lame duck."