Before the Bell: Bernanke, Apple and UPS are in spotlight
Wall Street signals a steady open, as investors await remarks from Fed chief Ben Bernanke later Monday as well as an influx of earnings reports from major banks beginning at midweek. Apple’s shares weaken on reports that suppliers have reduced their output of panels for the iPhone 5. UPS warns it will walk away from a deal to buy European package-delivery company TNT Express if it’s turned down by regulators in Brussels.
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