Wall Street fell Wednesday with the Dow Jones industrials fell more than 100 points after Federal Reserve Chairman Ben Bernanke made comments on inflation.

Bernanke told the Congress Wednesday there was an increased threat of higher inflation on the one hand and weaker-than- expected economic growth on the other.

Wall Street jumped too far last week in thinking that Fed policymakers had signaled interest rates might drop, he added.

Rising oil prices and a weaker-than-expected rise in orders for large manufactured goods also dragged down the stocks.

The Dow industrials fell 101.74, or 0.82 percent, to 12,295.71. The Standard & Poor's 500 index fell 11.63, or 0.81 percent, to 1, 416.98, and the Nasdaq composite index fell 20.33, or 0.83 percent, to 2,417.10.