Wed, 2nd April, 2008 - Posted by
Hmmm…..Monsanto.
U.S. stocks fell for the first time in three days after Federal Reserve Chairman Ben S. Bernanke’s prediction that the economy may contract overshadowed better- than-estimated earnings at Best Buy Co.Microsoft Corp., Monsanto Co. and JPMorgan Chase & Co. led the Standard & Poor’s 500 Index lower a day after the benchmark for U.S. equities posted its best start to a second quarter in 70 years. Best Buy, the largest U.S. consumer electronics chain, led an advance in retailers after selling more laptops and video-game consoles. European shares pared gains after Bernanke acknowledged for the first time that the world’s biggest economy may shrink.