Stop Your Yellen: Stocks Gain as Testimony Cites Financial Turmoil’s Impact on Growth

Stocks are heading higher this morning after the prepared text of Fed Chief Janet Yellen’s testimony before Congress showed an awareness that tightening financial conditions could have an impact 0n the U.S. economy and the pace of rate hikes. Reuters The S&P 500 has risen 0.6% to 1,862.74, while the Dow Jones Industrial Average has […]
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