Stocks-Wall Street shares slump on Tuesday local time, in the trade that doubt in the midst of concerns about the decline in capital to U.S. banks that are currently undergoing “stress tests” (test food) and careful comments on the economy by Fed Chairman Ben Bernanke, said the dealer.

Index Dow Jones Industrial Average down 16.09 points, or 0.19 percent, to be closed at 8410.65 a day after soaring 2.6 percent of the stock index to the blue-chip highest position since January 13. Shrink Nasdaq composite index 9.44 points, or 0.54 percent, to be 1754.12 and the index Standard & Poor’s 500 down 3.44 points, or 0.38 percent, to be 903.80.

Markets move in a narrow range in only a few setbacks from the sharp increase on Monday, amid concerns about news reports 10 of 19 largest U.S. bank which is the subject of “stress tests” to financial stability likely need to raise more capital. U.S. banking regulators and the Federal Reserve will announce the results of testing the resilience of 19 bank on Thursday.

However, John Wilson of Morgan Keegan, said the market appears to have a factor in stress tests. “Investors seem to take a full view of the reasonable expectations of the release of ‘stress tests’ future,” he said. “A good bit more information has been leaking, further announcements will be authorized to be anti-climax.”

Meanwhile, Bernanke to the legislator, said the recession could befall the U.S. economy turned around this year, but warned termination of employment “big enough” and fragile financial system.

“Bernanke is still carefully and refer to the level of economic growth is still possible under the potential to run longer for a while,” said the analyst Charles Schwab & Co..
“Bernanke also called attention to the importance of the banking system for each prospect, and the longer the recovery stress tests have been applied to the major banks U.S., although he failed to give investors a guide that will be generated from this test.”

On the economy, Institute of Supply Management said, the index of the services sector is widely increased to 43.7 percent, better than expected, offering hope for further economic recovery.

“Meanwhile, both manufacturing and services sector is still down, they began their decline and even appear to be ready for the landing,” said Joel Naroff of Naroff Economic Advisors.
Josh Heller of RBC Economics Research said in between some of these signals indicate an improvement of the economy. Among stocks in focus, shares, Kraft Foods rose 3.96 percent to 25.22 U.S. dollars after its first quarter profit exceeded projections.

While the bank “mixed” (variety) in the middle of the perturbation results of stress tests. Wells Fargo down 4.04 percent to 23.27 U.S. dollars, the Bank of America rose 4.43 percent to 10.84 U.S. dollars and Citigroup increased 3.44 percent to 3.31 U.S. dollars.

Bonds mixed. Unbalanced results (yield) on bonds of U.S. 10-year measure is not changed from 3157 per cent on Monday and state bond measure on the 30-year down to a 4053 percent 4065 percent. Bond prices and yield move with the opposite direction.