Ready or Not: Dow Hits New High, Nasdaq Winning Streak Ends as Yellen Speaks

The Nasdaq’s 10-day winning streak ended, as stocks barely moved following Fed chief Janet Yellen’s testimony before Congress. Reuters The S&P 500 fell 0.1% to 2,113.86, while the Nasdaq Composite declined 0.02% to 4,967.14, ending its longest winning streak since 2009. The Dow Jones Industrial Average gained 0.1% to 18,224.57, a new record high. CRT Capital’s Ian Lyngen summarizes [...]