Opening Glance: Diversified financials decline

NEW YORK - Diversified financial-services companies' shares pulled back Tuesday morning after the Commerce Department said retail sales fell in April and business inventories increased by the smallest amount in a year, two signs of a weakening economy.

Also Tuesday, Bernanke said during a speech that financial market turmoil has eased somewhat, but the situation is still "far from normal."

How some diversified financial companies' shares were performing Tuesday morning:

Citigroup Inc., down 5 cents to $23.59.

Bank of America Corp., down 30 cents to $37.14.

CIT Group Inc., down 8 cents to $11.92.

JPMorgan Chase & Co., down 74 cents to $46.50.

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