Markets Close Lower Over Rate Hike Fears

Federal Reserve Chairman Ben Bernanke expressed confidence in the economy's productivity fostering fears of further rate hikes. The markets closed in the negative with the Dow easing 2 points to 11,381 while Nasdaq slipped 2 points to 2184. S&P 500 held steady at 1304. The 30-year bond rose as the yield edged down to 4.878%.