Stocks closed out an ugly week mostly lower as the 30-year Treasury bond dropped, sending its yield above 6%.

Meanwhile, in the news, the

New York Stock Exchange

is shooting to go public by late November.

Interest rate jitters again weighed on the market as the after effects of

Federal Reserve

Chairman

Alan Greenspan's

testimony

yesterday continued to reverberate through Wall Street.

The

Nasdaq Composite Index

was the lone major market average to close in the green.

It was just last Friday the

Dow Jones Industrial Average

, the

S&P 500

and the Nasdaq Comp all closed at all-time highs. For the week, the Dow fell 2.7%; the S&P 500 fell 4.4%; and the Nasdaq Comp tumbled 6%.

On the NYSE, decliners beat advancers 1,938 to 969 on 633 million shares. On the

Nasdaq Stock Market

, losers beat winners 2,217 to 1,621 on 916.5 million shares.

On the NYSE, 95 issues set new 52-week lows while 43 touched new highs. On the Nasdaq, 95 issues set new 52-week highs while new lows totaled 65.

On the Big Board,

America Online

(AOL)

was most active, with 17.3 million shares changing hands. It was down 3 to 107 1/2.

On the Nasdaq,

Microsoft

(MSFT) - Get Report

was most active, with 34.3 million shares changing hands. It was down 7/8 to 90 1/8.

Market data above are preliminary. Updated numbers and analysis will follow in the Market Roundup

Earlier...

3:06 p.m.: Stocks Remain Stuck in Negative Territory

Stocks limped into the final hour of trading mired in the red, while the

New York Stock Exchange

plans to go public,

CNBC

reported.

1:59 p.m.: Midday Musings: Note, Mr. Greenspan: No Inflation in the Stock Market Today

1:49 p.m.: Stocks Lower as Bond Yield Climbs Over 6%

Stocks were lower this afternoon while the benchmark 30-year Treasury tumbled, sending its yield above 6%.

12:00 p.m.: Nasdaq Struggles Back Into Positive Territory

Major market gauges were mostly lower late this morning as small-caps underperformed the rest of the market.

11:09 a.m.: Stocks Erase Early Gains

An early advance by the market has sputtered and stocks were lower at midmorning while the bellwether 30-year Treasury bond slumped modestly.

10:01 a.m.: Stocks Open Mostly Higher After Yesterday's Drop

Most major market gauges were slightly higher, as the tech sector led the way in the green after the sector got hammered the most

yesterday in response to

Federal Reserve

Chairman

Alan Greenspan's Humphrey-Hawkins

testimony.