U.S. Stock Shift Gears Again As Fed Chair Answers Questions
NEW YORK — U.S. stock on Thursday sour mixed as Federal Reserve Chairman Ben Bernanke signalised more interest rate cuts ahead, but Wall Street’s cheerfulness was toughened as doubt developped on how strong central bank moves power be. The Dow Jones Industrial Average came up 6.5 points to 12,741.8. The S&P 500 dropped 3.79 points to 1,405.34, piece the Nasdaq Composite skidded 7.84 points to 2,466.71.