4:20 pm : Stocks sold off for a second straight day as investors continued to view Bernanke's latest comments as "unwelcome developments." Albeit not closing at session lows, as a renewed wave of buying late in the day more than halved another broad-based decline, fears that the Fed will go too far with its tightening efforts continued to weaken an already cautious tone.
A dearth of market-moving economic and earnings data left investors even more focused on interest rate uncertainty, pricing in a worst-case scenario with regard to the Fed's next move at their June 29-30
NATALEE'S UNCLE SAYS 'RE-ARREST DEEPAK!'
Natalee Holloway's uncle is demanding that suspect Deepak Kalpoe be re-arrested in the 10-month-old mystery of the pretty blonde honor student who disappeared in Aruba. Deepak, his brother Satish and Joran van der Sloot were with the Alabama teen, pictured center, when she was last seen leaving a bar on the island in the early hours of May 30. Her uncle Paul Reynolds told The National Enquirer that he believes Deepak, 21, should be the chief suspect instead of van der Sloot, 18. Reynolds also... STAR JONES CHEATS DEATH AS SHE UNDERGOES PLASTIC SURGERY A WILD NIGHT OUT FOR JESSE & HIS PARTY PAL LINDSAY
Star Magazine
KATIE HOLMES: FEARING FOR HER TOMKITTEN
Katie Holmes was already worried about the upcoming birth of her baby. According to the tenets of 43-year-old fiancé Tom Cruise's religion, Scientology, she'll have to be silent (not even a moan!) during the delivery, lest the trauma be imprinted in her baby's brain. Plus, a source says, "Only Tom and a few Scientology supporters will be in the room — not Katie's mother!" And Scientology advocates separating the baby from its mother for at least the first 24 hours after birth. Now... IT'S OVER! KRISTIN CHEATS ON NICK WITH HER EX! ANGELINA PILOTING HER PLANE AT 7 1/2 MONTHS: IS SHE CRAZY?
Canada plot suspect accused of plan to behead PM A police van carrying some of the 17 Canadian residents arrested on terrorism charges arrives at a heavily guarded courthouse in Brampton, Ontario, a suburb of Toronto, June 3, 2006. (Saul Porto/Reuters)