Stocks rally on Bernanke, strong earnings
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Stocks rallied and the Dow industrials hit a record high on Wednesday as investors welcomed Federal Reserve Chairman Ben Bernanke's assessment that the economy would grow moderately as inflation eases.
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European equity markets rallied on Tuesday following a number of strong earnings, but gains were fragile after the previous session's losses.
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Stocks rallied Tuesday after the Federal Reserve cut by a half-percentage point a key short-term rate which impacts how much interest consumers pay on debts. The Fed's move reassured investors that it was taking aggressive action amid the credit and mortgage market meltdown.
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NEW YORK - Strong earnings from financial services companies and upbeat economic data pushed stocks higher Tuesday, but many investors clung to the sidelines ahead of the Federal Reserve's decision on interest rates, expected later in the session.    In afternoon trading, the Dow Jones industrial average was up 13.42, or 0.1 percent, at 10,218.31...
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Stocks rose on Tuesday, as rate-sensitive banking stocks gained on hopes that Federal Reserve Chairman Ben Bernanke will do nothing to dim hopes for an interest-rate cut when he delivers a speech this morning.
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NEW YORK - Strong earnings from financial services companies and upbeat economic data pushed stocks higher Tuesday, but many investors clung to the sidelines ahead of the Federal Reserve's decision on interest rates, expected later in the session.    In afternoon trading, the Dow Jones industrial average was up 15.49, or 0.2 percent, at 10,220.38...
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Federal Reserve chairman Ben S. Bernanke said stock markets "seem to be working well" after yesterday's global rout and the central bank still expects the U S economy to pick up.
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Stocks rose on Tuesday after forecast-topping earnings from Lehman Brothers Holdings Inc  soothed investors' worst fears about fallout from credit turmoil ahead of an expected U.S. interest rate cut.
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U.S. stocks shot higher on Tuesday,  reversing a four-day losing streak, as earnings from companies  like Johnson & Johnson and positive consumer confidence data  pleased Wall Street.
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Stocks advanced on Thursday as a rebound in global equity markets helped boost investment banks' shares and strong earnings from U.S. retailers on strong monthly sales allayed worries about the economy's health.
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US stocks rebounded on Monday after IBM surprised traders with some better-than-expected results, boosting confidence at the start of an important week for corporate earnings.
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Stocks leapt on Wednesday after Federal Reserve Chairman Ben Bernanke suggested the economy was growing but not so quickly as to fan inflation.
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NEW YORK - Strong earnings from financial services companies and upbeat economic data pushed stocks higher Tuesday, but many investors clung to the sidelines ahead of the Federal Reserve's decision on interest rates, expected later in the session.    Investors may be seeing some buying opportunities after Monday, when gloomy outlooks from the consumer staples group weighed heavily on the market; a strong reading on new housing construction provided additional incentive...
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Stocks rebounded Wednesday after the previous session's 416-point plunge in the Dow industrials, as investors digested a barrage of economic data and found comfort in Federal Reserve Chairman Ben Bernanke's comment that no single trigger was responsible for Tuesday's selloff. Just before 11:30 a.m. EDT, the Dow was up 106.31 at 12,322.55.
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Stocks rebounded in early trading after Goldman Sachs and Best Buy posted solid profit gains and central banks issued billions of dollars in loans to the worldâs commercial banks.
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U.S. stocks rose on Friday as  investors got a dose of strong quarterly earnings reports from  companies, including Dow component General Electric Co. GE.N,  which posted better-than-expected profits.
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U.S. stocks surged on Thursday, driving the Dow industrials to a record closing high on strong earnings from a range of companies such as investment bank Bear Stearns Companies and an improving outlook for both the U.S. economy and corporate profits.