Swiss shares retreat after Bernanke's speech

Source: Bloomberg
© Scanpix/Reuters
Shares in Switzerland declined the most in seven days after the Fed's Bernanke stated that the U.S. policy makers could start tapering the bond-buying programme at the end of this year if the U.S. economy grows. The Swiss Market Index slipped 1.5% to 7,615.48 as of 10:17 a.m. Zurich time; moreover, the equity benchmark is headed for its fifth one-week retreat. The Swiss Performance Index fell 1.4% today.
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