No low for stocks this Valentine’s Day with the Dow dropping for the first time in four sessions off a 175-points, the Nasdaq also down about 2% with Yahoo and eBay too the few tech stocks in the green also there was Chinese search provider Baidu.com; they gained on faster than forecast Q4 growth.

Much of the downward move on the Dow came following Fed of Reserve Chairman Ben Bernanke’s message to Congress that the US economy is slowing down. But he doesn’t see heading into a recession. Financial stocks too traded down with Bear Sterns, JP Morgan and Bank of America off 3% despite expectation of another half point cut in the Fed of Reserve fund rate. Shares of Swiss banking giant UBS also traded down by 3% after reporting exposure to the troubled US mortgage market.

Hotel giant Marian International saw shares gain 22 cents even after giving 2008 guidance that was sure of estimates and earnings season continues in the US with Comcast gaining by 8% after announcing 54% rise in Q4 profit and the first dividend since 1999 people still watching TV even when the downturn.

Radio Company Clear Channel Communication posted 52% jump in the Q4 net income thanks to favourable foreign exchange, rates up boosted shares 64 cents on the day.

United Auto Workers responded today to GM’s buyout offer. Their President saying that most workers are going to trade hang-on to their jobs instead of cashing in on their buyout offer. They expect fewer than 20,000 workers to sign up for the package despite a potential payout of as much as USD 1,40,000. GM shares taking a tumble down 64 cents on the day following that news.