Fed chairman speech sparks concern on Wall Street

Wall Street’s interest rate anxiety sent stocks moderately lower today after comments from Federal Reserve Chairman Ben Bernanke compounded investors’ concerns about surging oil prices and a weak US dollar.

Fed chairman speech sparks concern on Wall Street
Tue, 02 May, 2006 - 00:13

Wall Street’s interest rate anxiety sent stocks moderately lower today after comments from Federal Reserve Chairman Ben Bernanke compounded investors’ concerns about surging oil prices and a weak US dollar.

The Dow Jones industrial average slid 23.85, or 0.21%, to close at 11,343.29.

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