Market Wrap For November 14: We Have A New Fed Chair!
November 14, 2013 at 16:38 PM EST
After much anticipation, Janet Yellen was officially nominated as Federal Reserve Chairperson this morning. Yellen offered no surprises during her testimony, which was prepared in advance and made public last night. U.S. markets, as expected, edged slightly higher to continue the rally that was started yesterday afternoon. Yellen spoke of the