Oil Supply Worries Weigh Down Markets

The markets pulled back from earlier gains to close lower over fears that further rebel attacks will disrupt oil production in Nigeria. The Dow lost 39 points to 11,235 while Nasdaq fell 20 points to 2,294. S&P 500 slipped 8 points to 1,297. The 30-year bond eased as the yield rose to 4.741%.