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The US markets lost steam in the final hour of trading to finish mixed, after the Federal Reserve announced new capital rules for financials and following Bernanke’s comments that offered little hope for further central bank intervention.
The Dow Jones industrial average advanced 46.17 points, or 0.37 percent, to 12,460.96 at the close. The Standard & Poor’s 500 Index edged down 0.14 of a point, or 0.01 percent, to 1,314.99. The Nasdaq Composite Index slipped 13.70 points, or 0.48 percent, to close at 2,831.02