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Updated from 4:16 p.m. EST
Stocks in the U.S. finished well under water after comments from Federal Reserve Chairman Ben Bernanke compounded the effects of steep corporate losses and sluggish economic data.
The Dow Jones Industrial Average fell 112.59 points to 12,581.69, the S&P 500 shed 12.38 points to 1367.64, and the Nasdaq surrendered 22.21 points at 2331.57. All three were down around 0.9%.
Early losses intensified after Fed chief Ben Bernanke, speaking before the Senate Banking Committee, said that some smaller domestic banks with significant investments in the imploding real estate market will probably fail. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,309.92 | 1,091.49 | 2,138.44 | 32.31 |
Oil *
77.12
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DOWN
154.48
|
DOWN
19.14
|
DOWN
37.61
|
DOWN
0.48
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10 Yr
3.23%
SPDR Gold
115.06
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|
-1.48%
|
-1.72%
|
-1.73%
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-1.46%
|
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