Wall St rebounds as Bernanke calms nerves
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Stocks rose on Wednesday as Federal Reserve Chairman Ben Bernanke's comments that the economy was poised to grow moderately reassured investors, a day after the Dow's worst slide since the September 11 attacks.
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Wall Street recovered from a mostly down session on Monday, eking out a gain as investors brushed off another slide in Chinese stocks.
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Stocks rose on Friday, rebounding from the previous session's steep losses, as bond yields retreated from their highs, easing some of the fears about rising borrowing costs.
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Stocks rallied and the Dow industrials hit a record high on Wednesday as investors welcomed Federal Reserve Chairman Ben Bernanke's assessment that the economy would grow moderately as inflation eases.
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Stocks rebounded on Friday from losses this week as earnings from bellwethers IBM  and General Electric Co  provided some relief to worries about the economy and corporate profits.
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Federal Reserve chairman Ben S. Bernanke said stock markets "seem to be working well" after yesterday's global rout and the central bank still expects the U S economy to pick up.
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Wall Street extended its recovery from last week's big plunge, rising Thursday after several stable sessions helped buttress investor sentiment and allay some concerns about the economy.
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Stocks rose sharply and the Dow industrials hit a record high on Wednesday, boosted by comments from Federal Reserve Chairman Ben Bernanke that the economy will grow moderately as inflation eases.
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Wall Street rallied on Monday as a burst of merger and acquisition activity offset anxiety about a stronger yen and the suspension of trading in shares of a big subprime mortgage lender.
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Wall Street cheers Bernanke's big cut. Should the rest of us be as excited?
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Stocks rallied Wednesday, pushing the Dow Jones industrial average to a record close, after investors cheered comments on the economy and inflation from Federal Reserve Chairman Ben Bernanke.
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Stocks extended gains on Wednesday after Federal Reserve Chairman Ben Bernanke said he sees signs of inflation pressures starting to ease.
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U.S. stocks rebounded modestly on Wednesday as Federal Reserve Chairman Ben Bernanke reassured investors that the economy was set to grow moderately, a day after the Dow industrials' worst slide since the September 11, 2001, attacks.
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Stocks rebounded on Thursday as mildly encouraging employment and manufacturing data provided relief to investors worried about the economy, a day after an unusually weak start to 2008.
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U.S. stocks rebounded on Wednesday after Federal Reserve Chairman Ben Bernanke said the economy was set to grow moderately, calming investors' anxiety a day after the Dow industrials had its worst tumble since the September 11, 2001, attacks.
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Stocks regain some of Tuesday's losses as Fed chief indicates everything is OK.
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Wall Street extended its rebound from the summer slump yesterday after dips in manufacturing growth and construction spending raised investorsâ hopes for a reduction in interest rates.