Bernanke's Comments Send Markets To Lower Close

Comments by Fed chief Ben Bernanke that dashed hopes of an interest rate cut sent the markets tumbling to a lower close with the Dow plummeting 81 points to 13,595. Nasdaq dropped 7 points to 2611 while S&P 500 fell 8 points to 1531. The 30-year bond eased as the yield rose to 5.067%.