Wall Street’s interest rate anxiety sent stocks moderately lower Monday after comments from Federal Reserve Chairman Ben Bernanke compounded investors’ concerns about surging oil prices and a weak U.S. dollar.
According to preliminary calculations, the Dow Jones industrial average slid 23.85, or 0.21 percent, to 11,343.29. The Standard & Poor’s 500 index dropped 5.42, or 0.41 percent, to 1,305.19, and the Nasdaq composite index lost 17.78, or 0.77 percent, to 2,304.79.
