Forbes -
18 Jul 2013 16:44

Stocks managed solid gains again on Wednesday as the much better than expected earnings from Bank of America (BAC) increased the enthusiasm for stocks. Testimony by Fed Chairman Ben Bernanke was also reassuring as he repeated that there was no firm timeline for stopping the stimulus. Yields declined further in reaction to his comments which was inline with the technical outlook. The market internals were solidly positive with advances leading declines by a 2-1 margin. This has stalled the slight...
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