Bernanke's Remarks Weigh Down Markets

Clarification from Federal Reserve Chairman Ben Bernanke that his remarks last week did not necessarily imply the end of interest rate hikes weighed down the markets to a lower close with the Dow falling 24 points to 11,343. Nasdaq lost 18 points to 2,305 while S&P 500 dropped 5 points to 1,305. The 30-year bond slipped as the yield climbed to 5.227%.