Equity investors on Thursday continued digesting Federal Reserve Chairman Ben Bernanke's monetary policy remarks from Wednesday afternoon. And they continued to not like those remarks one bit: All the major stock indices are down more than 2 percent. One investment manager tells USA Today the transition to a new interest-rate environment has begun.
Middle Tennessee stocks haven't been able to buck the trend. Not surprisingly, industrial names Noranda, Clarcor and Delek are near the top. But a number of health care names as well as Ryman Hospitality also are taking their knocks. Here's where things stood with some local companies' stock about half an hour of trading to go.
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