-
Feel good Wednesday: Markets up 1%
Investors did a happy dance on Wednesday as earnings, economic data and Janet Yellen brought good news. The Dow soared 162 points, while the S&P 500 and Nasdaq both bounced over 1%. Despite a lot of choppiness in the markets in recent weeks, Wednesday's gains marked the third consecutive win for the three major U.S. indexes. Related: Fear & Greed Index still wallowing in extreme fear Federal Reserve Chief Yellen sent a clear message to Wall Street today to stop panicking about interest rates. "Interest rates will likely stay at current levels for a considerable time after asset purchase program ends," she ... (full story)