Stocks Sell Off as Oil Prices Spike
NEW YORK (TheStreet) -- Stocks got off to a rough start in March, selling off Tuesday as oil prices crept back to $100 a barrel, despite Federal Reserve Chairman Ben Bernanke's statement that the impact of the recent spike is likely to be only temporary.
The Dow Jones Industrial Average shed 168 points, or 1.4%, to close at 12,057. The S&P 500 finished lower by 21 points, or 1.6%, at 1306, and the Nasdaq Composite shed 45 points, or 1.6% to close at 2737.
|Federal Reserve Chairman Ben Bernanke|
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