Stocks dip after comments

SOBER comments about the economy

Around 11:50 a.m. ET, The Dow Jones industrial average fell 131.77 to 8,449.40. The Nasdaq composite index lost 22.41 to 1.293.04. The Standard & Poor's 500 index dipped 13.91 to 895.54.

"I think Bush's comments are having an impact as there is a lot of uncertainty about how and when and who should deal with Iraq.