Markets Rally Over Bernanke's Comments

The markets rallied during the midday after Federal Reserve Chairman Ben Bernanke's comments allayed investor fears of inflation. The Dow leaped 173 points to 10,972 while Nasdaq jumped 32 points to 2,075. S&P 500 surged 20 points to 1,257. The 30-year bond rose as the yield eased to 5.112%.