Stocks & Bonds: Fed Chairmanâs Remarks Help Lift Shares
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The Dow Jones industrials set a new high yesterday after the Federal Reserve chairman, Ben S. Bernanke, told a Senate panel that the economy should grow modestly this year and that he expected inflation would continue to ease.
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Stocks finished moderately higher in an uneven session as optimism about the economy helped investors overcome some of their apprehension about the Federal Reserveâs impending decision on interest rates.
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U.S. stocks rebounded modestly on Wednesday as Federal Reserve Chairman Ben Bernanke reassured investors that the economy was set to grow moderately, a day after the Dow industrials' worst slide since the September 11, 2001, attacks.
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U.S. stocks slipped on Wednesday after  several companies issued profit warnings, while Fed Chairman  Alan Greenspan's remarks that the economy was pulling out of a  summer soft patch did little to quell expectations for a rate  hike later this month.
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Stocks could rally back up to their   highs of the year next week if the Federal Reserve shows Wall   Street that its decision to keep interest rates on hold last   month wasn't just a one-off.
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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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Wall Street stocks rallied on Monday, after overcoming an initial wobble, as hopes for more aggressive interest rate cuts spurred gains in financial companies ahead of the Federal Reserve's policy meeting on Tuesday.
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U.S. markets will need a fresh dose of  merger activity and a clear signal from Federal Reserve  Chairman Alan Greenspan about the strength of the economy and  the pace of future interest rate increases to clock gains this  week.
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Stocks shot higher after the Fed indicated that the economy remained healthy and that inflation pressures were easing.
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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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Stocks rose after Warren Buffett offered to help out troubled bond insurers, easing some of Wall Streetâs concerns about further deterioration in the credit markets.
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U.S. stocks rallied, bonds erased  losses and the dollar pared gains on Tuesday after the Federal  Reserve raised U.S. interest rates for the fifth time this year  and left its policy and inflation stance unchanged.
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Stocks could rally back up to their  highs of the year this week if the Federal Reserve shows Wall  Street that its decision to keep interest rates on hold last  month was not just a one-off.
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US stock markets got a lift from the Federal Reserve's latest interest rate cut as the week's economic news confirmed the US economy is no longer accelerating and has struck a few worrisome potholes.
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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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Stocks rose sharply and the Dow industrials hit a record high on Wednesday, boosted by comments from Federal Reserve Chairman Ben Bernanke that the economy will grow moderately as inflation eases.
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U.S. stocks gained on Monday as a spate of takeover deals reassured investors that companies were attractive purchases at current prices in moderate trading before the Federal Reserve's interest rate decision.