Business Update: Bank worries return

March 27, 2009

Investor sentiment was hurt on Friday after the heads of two major U.S. banks suggested business conditions weakened in March. The Dow shed 148 points to 7,776. The S&P 500 lost 16 points to 815. The Nasdaq fell 41 points to 1,545. But stocks rallied for the third week in a row. SPEAKER: Vikram Pandit, chief executive, Citigroup Conway Gittens reports from New York.