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Unusually Uncertain: Bernanke Comments Tank Last Hour

Unusually uncertain comments cause unintended consequences.  Traders exited the markets today abruptly during Bernanke's testimony about the state of the economy, and BB is right, it's incredibly uncertain, the market acts heavy and trades volatile.  I expected the capping of the well to have a more bullish effect - but earnings from Apple and Goldman and Yahoo and TI make all of us wonder what were in for.  I know what were in for....and it is an exhausted consumer.

(Reuters) - Stocks fell on Wednesday as Federal Reserve Chairman Ben Bernanke's comment that the economy faces "unusually uncertain" prospects unsettled already skittish investors. Based on the latest available figures, the Dow Jones industrial average (DJI:^DJI - News) closed down 109.43 points, or 1.07 percent, at 10,120.53. The Standard & Poor's 500 Index (^SPX - News) was down 13.90 points, or 1.28 percent, at 1,069.58. The Nasdaq Composite Index (Nasdaq:^IXIC - News) was down 35.16 points, or 1.58 percent, at 2,187.33.

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