Doubting the Fed's bond plan, investors push stockers lower

Bank stocks led the market lower today as investors worried that the Federal Reserve's move yesterday to buy long-dated Treasury bonds won't be enough to jump start the economy.

The Dow Jones Industrial Average fell 86 points, or 1.2 percent, to close at 7,401. Oil rose on hopes that the Fed's decision would spur the economy; gold rose on fears the move spark inflation. The dollar fell against the British pound and the euro for the second consecutive day.