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Dow Jones Today Surges on Yellen's Confidence
The Dow Jones today ended up 1.00% to 16,424.65 on U.S. Federal Reserve Chair Janet Yellen's comments that the U.S. economy was on the rise.
Yellen said the Fed expects the economy to reach maximum employment and meet inflation targets by the end of 2016.
The Standard & Poor's 500 Index rose 1.05% to 1,862.31, and the Nasdaq rose 1.29% to 4,086.23.
The Dow Jones today ended up 1.00% to 16,424.65 on U.S. Federal Reserve Chair Janet Yellen's comments that the U.S. economy was on the rise.
Yellen said the Fed expects the economy to reach maximum employment and meet inflation targets by the end of 2016.
The Standard & Poor's 500 Index rose 1.05% to 1,862.31, and the Nasdaq rose 1.29% to 4,086.23.