U.S. Stocks Off Highs On Bernanke Speech

NEW YORK -- U.S. stocks lost a bit of steam in midday trade Monday, after Federal Reserve Chairman Ben Bernanke said the most likely outcome for the economy is moderate economic growth with subdued inflation. Up nearly 150 points before the speech, The Dow Jones Industrial Average last gained 111 points, or 1.1%, to 10,381. The S&P 500 index rose 14 points, or 1.3%, to 1,108, while the Nasdaq Composite rose 27 points, or 1.3%, to 2,195.

Copyright © 2009 MarketWatch, Inc.


More Latest News
 
DOW up 121.18 | NAS up 33.73 | S&P up 17.00
(Data as of 2013-05-17 4:39 EDT)
 SEARCH: