Stocks recover as Bernanke soothes anxiety
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U.S. stocks rose on Wednesday as Federal Reserve Chairman Ben Bernanke's comment that the economy was poised to grow moderately reassured investors a day after the Dow industrials' worst slide since the September 11, 2001, attacks.
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Wall Street rebounded Tuesday on a recovery in world markets. The Dow Jones industrial average rose more than 150 points.
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Stocks rebounded on Wednesday after Federal Reserve Chairman Ben Bernanke said he still sees the economy growing moderately and investors found stock prices attractive after Tuesday's sell-off.
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Stocks regain some of Tuesday's losses as Fed chief indicates everything is okay.
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Stocks rallied Tuesday after the Federal Reserve cut a key short-term interest rate by a half-percentage point, reassuring investors that it was taking aggressive action amid the credit and mortgage market meltdown.
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Stocks rose on Wednesday after a pullback in benchmark bond yields and signs of strength in the economy triggered a rebound in interest-rate-sensitive shares, including banks, utilities and home builders.
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Asian stocks bounce back after an interest rate cut by the US Federal Reserve helps calm investor anxiety.
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U.S. stocks rose on Friday, rebounding   from two days of losses, as a steady decline in oil prices and   reassuring comments from a Fed official about inflation   outweighed further signs of weakness in housing.
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Wall Street heads back to work this week in a somewhat calmer state of mind. Overall, investors are more optimistic now about the financial markets than they've been in several weeks.
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Stocks soared on Wednesday, sending the Dow Jones industrial average to an all-time high, as investors drew confidence from Federal Reserve Chairman Ben Bernanke's comments that inflation is poised to ease while the economy grows moderately.
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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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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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U.S. stocks rebounded from two days of   losses to end higher on Friday, as a week-long fall in oil   prices and reassuring comments from a Fed official about   inflation outweighed further signs of housing-market weakness.
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Stocks closed higher on Tuesday as expectations of another Federal Reserve interest rate cut to shore up the economy fueled a further recovery in shares of banks, insurers and home builders.
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Federal Reserve Chairman Ben  Bernanke expressed confidence on Wednesday in the health of the  U.S. economy despite a housing slowdown, but warned of risks to  the current generally benign outlook for inflation.
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Stocks extended gains on Wednesday after Federal Reserve Chairman Ben Bernanke said he sees signs of inflation pressures starting to ease.
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U.S. stocks rose on Thursday, driving the Dow to its first close over the 14,000 mark, after forecast-topping results from the technology and industrial sectors shifted the market's focus back to earnings optimism, even as Fed Chief Ben Bernanke fanned concerns about the subprime market.