Yellen Addresses Rate Hikes Ahead of DJIA Index Close

The DJIA Index added 33 points Friday to end a four-day losing streak. The cause? Biotech and healthcare stocks rebounded to pull markets upward as investors search for value after this week's sell-offs. Fed Chair Janet Yellen gave a speech on monetary policy in San Francisco 15 minutes before the closing bell. Yellen indicated that rate increases this year are likely, but the pace will be gradual. Here are the other top stories from today, plus our new profit tip... Tags: DJIA , DJIA index , djia today , Dow close , Dow Jones close , Dow Jones Industrial Average , dow jones today , Fed rate hike , Janet Yellen , rate hike , yellen To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Yellen Addresses Rate Hikes Ahead of DJIA Index Close appeared first on Money Morning - We Make Investing Profitable .
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