Wednesday, July 19, 2006

Bernanke's Comments Lift Markets To Higher Close

Upbeat comments from Federal Reserve Chairman Ben Bernanke sparked a rally lifting the markets to a higher close. The Dow leaped 212 points to 11,011 while Nasdaq soared 37 points to 2,081. S&P 500 surged 23 points to 1,260. The 30-year bond rose as the yield eased to 5.103%.

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