Washington Post |
S&P 500 Extends Record as Yellen Signals Stimulus Support
Bloomberg Fed support has helped propel the S&P 500 to a 165 percent gain from its March 2009 low. The gauge has rallied 26 percent in 2013, on course for its best year in a decade, and is trading at 16.2 times projected earnings, more than the five-year average … Yellen Testimony Sparks More Gains For S&P 500, Nasdaq Dow, S&P 500 end at records after Yellen hearing; Cisco sinks S&P 500 ALL-TIME HIGH |