Market recap: Stocks fell and investors fled to safety in reaction to the Fed's enhanced...

|By:, SA News Editor
Market recap: Stocks fell and investors fled to safety in reaction to the Fed's enhanced concerns about deflation. Techs especially took it on the chin after Adobe's dim outlook and Microsoft's disappointing dividend hike. Gold hit another high at $1,296.20 before paring its gains a bit, the dollar continued to fall sharply, and Treasurys rose. NYSE decliners led advancers two to one.