INQUIRER.net: US stocks rise ahead of Bernanke testimony

INQUIRER.net Philippine News for Filipinos

US stocks rise ahead of Bernanke testimony May 21st 2013, 22:35 NEW YORK—US stocks closed higher Tuesday after a strong earnings report from Home Depot and as the market anticipates Wednesday's testimony in Congress by Federal Reserve Chairman Ben Bernanke.   The Dow Jones Industrial Average finished up 52.30 (0.34 percent) at 15,387.58.   The broad-based S&P 500 added 2.87 (0.17 percent) at 1,669.16, while the tech-rich Nasdaq Composite Index increased 5.69 (0.16 percent) to 3,502.12.   Bernanke will be watched on Wednesday for signs that the Fed might be ready to alter its quantitative easing (QE) policy, or project just when and how it might reel in its aggressive bond purchases.   FTN Financia... Keep on reading: US stocks rise ahead of Bernanke testimony Media files: wall-st1.jpg (image/jpeg)

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