Ben Bernanke News

The Dow had surged more than 100 points earlier in the day as investors welcomed comments from Fed chairman Ben Bernanke, who told lawmakers that withdrawing monetary stimulus prematurely could derail the economic recovery.

Speaking before Congress, Fed Chairman Ben Bernanke admitted the economy is improving, but made it clear that he has no intention of tapering quantitative easing.

Markets await Bernanke Get ready for the double header featuring the Federal Reserve, which will likely determine the state of play in the markets.

Asian stocks rose on Wednesday following a positive lead from Wall Street with Japan's Nikkei reaching a five-and-a-half-year high, while the yen took a defensive stance ahead of the outcome of the Bank of Japan's policy meeting.

'Taper' used to refer to Grateful Dead fans who recorded the band's shows and shared them with other Deadheads.

The U.S. dollar gained ground versus most major rivals Tuesday as investors awaited testimony from Federal Reserve Chairman Ben Bernanke on Wednesday.

The Dow Jones industrial average and S&P 500 ended at all-time highs, while the dollar rose and gold fell.

The stock market turned higher Tuesday as investors banked on continued policy support from the Federal Reserve.

The spot price of gold, which earlier threatened to test a 1-1/2 year low touched last month, rose $27 or 2 per cent by 18:25 GMT, snapping a seven-session losing streak.

With little news to drive the broader market Tuesday, investors were focused on two widely-followed companies: JPMorgan and Apple.

Asian stock markets fell Tuesday as investors waited for the US Federal Reserve to telegraph what it plans to do next with its economic stimulus program.

Asian stock markets fell Tuesday as investors waited for the U.S. Federal Reserve to telegraph what it plans to do next with its economic stimulus program.

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The price of oil rose toward $97 per barrel Tuesday, but gains were checked as investors waited for the Federal Reserve's latest views on the U.S. economy.

The Russell 2000, an index of small-company stocks, climbed above 1,000 points for the first time and ended higher Monday, even as the Dow Jones industrial average, the Standard & Poor's 500 index and the Nasdaq composite index all edged lower.

Steven Horwitz is a Mercatus Center Affiliated Senior Scholar and the Charles A. Dana Professor of Economics and department chair at St.

Investors appeared caught between the excitement of the Yahoo! and Actavis deals and concerns that the run-up in equity price in 2013 has been artificially fueled by the Federal Reserve's asset-buying program.

Japan's Nikkei 225 index jumped 1.4 percent to 15,352.84 as evidence of a steady economic recovery in the U.S. helped push Asian stock markets higher Monday.

Optimism about global growth pushed world shares to a near five-year high on Monday, while debate about the future of the U.S. Federal Reserve's stimulus programme extended gold's longest losing streak in four years.

U.S. stocks were set to dip at the open on Monday as investors search for catalysts after major U.S. equity indexes closed a fourth consecutive week of gains Friday.