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Post by bot on Feb 24, 2015 16:22:54 GMT -5
Stocks rise, close at records as Yellen reassures
NEW YORK (MarketWatch) -- U.S. stocks moved higher Tuesday, with the S&P 500 and Dow industrials closing at records, after Federal Reserve Chairwoman Janet Yellen reassured investors with her testimony before Congress. The S&P finished up by 5.84 points, or 0.3%, at 2,115.50, according to early data. The Dow Jones Industrial Average gained 92.54 points, or 0.5%, to end at 18,209.38. Meanwhile, the Nasdaq Composite added 7.15 points, or 0.1%, to end at 4968.12, rising for the tenth session in a row.
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