Market rebounds on Bernanke
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Stocks jumped in volatile trading on Wednesday, with all three major stock indexes briefly topping 1 percent, as investors took advantage of cheap equity prices a day after the market suffered its worst slide since 2001.
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Federal Reserve Chairman Ben Bernanke said on Wednesday this week's sharp stock market drop had not changed the Fed's view that the U.S. economy was sound, remarks that helped shaken markets regain confidence.
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Wall Street stocks rebounded on Friday after worries that the US economy may be heading into recession prompted equities to sink to their lowest level since October 2006.
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Federal Reserve Chairman Ben S. Bernanke told Congress yesterday that the markets were "working well" and the outlook for the U.S. economy was upbeat a day after Wall Street suffered its steepest decline in nearly four years.
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Stocks rose on Tuesday, as rate-sensitive banking stocks gained on hopes that Federal Reserve Chairman Ben Bernanke will do nothing to dim hopes for an interest-rate cut when he delivers a speech this morning.
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Federal Reserve Chairman Ben Bernanke predicted Tuesday the economy will rebound from an anemic performance at the start of the year even if the housing slump continues.
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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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Federal Reserve head Ben Bernanke expects the US economy to rebound, even as the housing slump continues.
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NEW YORK, July 23 -- Stocks rebounded Monday after a fresh round of buyout news offered evidence that Wall Street's penchant for dealmaking has not disappeared.
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U.S. stocks rose on Friday, rebounding   from two days of losses, as a steady decline in oil prices and   reassuring comments from a Fed official about inflation   outweighed further signs of weakness in housing.
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U.S. stocks gained on Tuesday after  the Federal Reserve raised interest rates, but reassured  investors that inflation was in check and indicated the economy  was growing at a moderate pace.
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The dollar paused on Tuesday after a  broad-based rally in the previous session as investors waited  to see if forthcoming data would reinforce the Federal  Reserve's optimism in the U.S. recovery.  Upbeat comments on  the U.S. economy from central bankers Robert McTeer and Ben  Bernanke on Monday bolstered the greenback across the board,  lifting it a two-week high against the euro and a one-week high  against the yen in early trade.
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Northern Rock shares rebound on Monday after a week in which its stock tumbled in the wake of a credit crisis.
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The dollar rebounded on Thursday,  lifting shares of some Asian exporters, after the Federal  Reserve raised interest rates as expected and indicated it  would press ahead with further increases at a measured pace.
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Stocks bounced back 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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Global stock markets rebound on hopes that the US Federal Reserve will cut interest rates next month.
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Stocks regain some of Tuesday's losses as Fed chief indicates everything is OK.