#PreMarket Primer: Thursday, November 15: Markets Primed For Yellen's Big Day
November 14, 2013 at 06:40 AM EST
Federal Reserve Vice Chairwoman Janet Yellen’s cautious comments caused markets to breathe a sigh of relief as she suggested that the US still had a long way to go before the bank begins to taper its stimulus spending. Yellen said the US economy was still underperforming and that the US central