Bond yields rose to nearly two-week highs, and the yen rallied for a second straight day on expectations Japanese investors will repatriate foreign assets as the fiscal year ends.

"There's a crisis of confidence out there in the very near term," said Larry Rice, chief investment officer at Fahnestock & Co. "Economic recovery is spotty at best. ... Valuations are still high."

Investors are on edge after a series of accounting scandals, starting with collapsed energy trader Enron Corp. to, most recently, bankrupt telecom firm Global Crossing . Nortel slumped more than 6 percent, although the Canadian firm said stock deals leading to the executive's departure were not part of a wider scandal.

Lingering nervousness about other potential accounting blowups, uncertainty about the economy, fears of a possible attack on the United States and lackluster trading conditions kept the market under pressure.

"I still think the accounting issues hang over the......

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Title: Hog
Approximate Word Count: 905
Approximate Pages: 4 (250 words per double-spaced page)

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