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Stocks Are Rallying -- Dow Up 170

Business Insider - 11 Feb 2014 20:07
Stocks Are Rallying -- Dow Up 170 U.S. markets are nicely in the green. The Dow is up 170 points, or 1.0%. The S&P 500 is up 16 points, or 0.9%. The Nasdaq is up 37 points, or 0.9%. Fed Chair Janet Yellen is testifying before the House Financial Services Committee. The bottom line according to TD Securities' Millan Mulraine: "Yellen hawkish on tapering, dovish on policy rate." "Let me emphasize that I expect a great deal of continuity in the FOMC's approach to monetary policy," she said in her prepared remarks. "If incoming info...
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