U.S. stocks climb as Fed chairwoman Yellen supports QE monetary policy

U.S. Stocks Fluctuate With S&P 500 Trading Near Record

image.ashx image.ashx1 image.ashx2


  • U.S. stocks climbed today as Federal Reserve Chairwoman Yellen said she supports the current QE monetary policy that is being pumped into the stock market and keeping interests rates low to encourage investing and growth.
  • Initial jobless claims for the week ended Feb. 22 rose 14,000 to 348,000, according to the Labor Department.
  • Thursday’s gains were broad, with technology and materials stocks helping drive eight of the S&P 500’s 10 sectors higher.
  • The Dow Jones Industrial Average was 0.46% higher at 16,272.71 while theS&P 500 was up 0.50% to close at a record high of 1,854.30. The Nasdaq gained 0.63% to finish at 4,318.93.

Categories: Equity Capital Markets

Tags: , , , , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: