Last Updated: February 25th, 2009: 11:57 PM ET---After falling at the open by as much as 3.7%, the major US equity indices have pared losses as investors listen to Fed Chairman Bernanke testify before Congress. All ten major economic sectors are trading with losses while industrials are the day's major laggard, off 2.1%, followed by financials, which are off 1.8%. The Dow is currently off 1.2% to 7,267, but off its intraday low of 7,158. The S&P 500 is trading 1.3% lower to 763, while the tech-heavy Nasdaq is underperforming its peers, trading off 1.5% to 1,420.

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