U.S. stocks lose most gains by close; Dow up 0.4%

U.S. stocks lose most gains by close; Dow up 0.4%
NEW YORK (MarketWatch) -- U.S. stocks lost much of Thursday's gains after Federal Reserve Chairman Ben Bernanke said the central bank would review the economy before making a decision on further stimulus. The near-neutral finish follows Wall Street's best session of the year. "The strength yesterday in equity markets is not sustainable, with Europe still in trouble and global growth still slowing," said Jim Russell, chief equity strategist for U.S. Bank Wealth Management. After a 140-point rise, the Dow Jones Industrial Average (DJIJIA) ended at 12,460.96, up 46.17 points, or 0.4%. Snapping a three-session winning run, the S&P 500 (SNC:SPX) lost a fraction to end at 1,314.99. The Nasdaq Composite (NASDAQ:COMP) shed 13.7 points to 2,831.02