Market Wrap for Tuesday, May 21: Stocks Record Modest Gains Ahead of Bernanke Testimony
May 21, 2013 at 16:20 PM EDT
U.S. stocks staged a modest rally on Tuesday ahead of Congressional testimony from Federal Reserve Chairman Ben Bernanke on Wednesday. The expectation that the central bank will continue to lend support to the markets helped sustain risk appetite on the day. Investors were also encouraged by a client note issued