Wall Street reaches new record high amid Yellen's comments

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Source: Reuters
Stocks on Wall Street increased on Wednesday reaching their new all-time highs led by customer discretionary shares as Macy's reported earnings and as the Federal Reserve Vice Chair Janet Yellen commented Fed's monetary program. The Dow Jones industrial average gained 0.45% to 15,821.63, the Standard & Poor's 500 Index added 0.81% to 1,782 and the Nasdaq Composite Index jumped 1.16% to 3,965.58.

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Thu, 14 Nov 2013 08:25:06 GMT

U.S. Dollar falls to one-week low on Yellen's remark

The U.S. Dollar fell on Thursday declining to the lowest level in a week after a remark of Janet Yellen, the Federal Reserve Chairman-elect, suggesting that the central bank's aggressive monetary stimulus program may not be close to its end. The U.S. Dollar Index measuring performance of the currency against its most-traded peers slipped to 80.740 following a gain to

Thu, 14 Nov 2013 08:03:05 GMT

Asian shares rebound from 6-week low amid Yellen's comments

Asia's equities increased on Thursday rebounding from the lowest level in six weeks as the Federal Reserve Vice Chair Janet Yellen claimed that the central bank's stimulus program may not be supporting economy for longer than needed. The MSCI broadest Asia-Pacific index outside Japan advanced 1.0% following a drop to the six week low yesterday.

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