Swiss shares increase after Fed's comments

Source: Bloomberg
Shares in Switzerland rose, snapping a two-day retreat for the Swiss Market Index, after Fed's Chairman nominee Janet Yellen, stated that the U.S. economy must grow before scaling back its monetary stimulus. The SMI gained 0.7% to 8,299.84 as of 9:26 a.m. Zurich time and it is set for the best performance yearly since 2006 as the index has jumped 22% this year. The Swiss Performance Index climbed 0.7% today.

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