INSTANT VIEW: Dow industrials end session in a bear market

NEW YORK (Reuters) - The Dow industrials ended the session in a bear market on Wednesday as U.S. stocks fell on growing concerns about the toll record oil prices are taking on the economy and corporate profits.

COMMENTS:

JAMES CARON, HEAD OF GLOBAL RATES RESEARCH, MORGAN STANLEY, NEW YORK:

"We have one of the major central banks likely to raise rates tomorrow, and risk assets are responding. You are taking liquidity away when it is needed most. It's going to have consequences."

"This is a dangerous game. There is a lot of stresses out there, but it's a balancing act. The ECB is erring on the side of inflation, and the Fed is erring on the side of growth."

GEORGES YARED, CHIEF INVESTMENT STRATEGIST, YARED INVESTMENT RESEARCH, MINNEAPOLIS:

"Yes we're technically in a bear market now, but I don't see us going down all that much further from here.

"The next thing to look out for is going to be a series of pre-announcements, but I think it will be interesting to see how much of that is baked in already."

MARC PADO, U.S. MARKET STRATEGIST AND TECHNICAL ANALYST, CANTOR FITZGERALD & CO, SAN FRANCISCO: