Markets Tumble as Bernanke Addresses NABE; Dow Down 270, Nasdaq Down 58, S&P Down 33

October 7, 2008 1:29 PM EDT
Market Check: as Ben Bernanke is addressing the National Association of Business Economics, the indices are tumbling. The Dow is now down 270 pts, or 2.7%, the Nasdaq is down 58 pts, or 3.1%, and the S&P 500 is down 33 pts, or 3.1%.

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Ben S. Bernanke, Standard & Poor's