S&P up 0.73%. Nasdaq up 1.10%
The US stock market is closing with solid gains after Fed's chairman Yellen gave a more dovish assessment of the economy. No hiking with growth is a Goldie Locks scenario for stocks, and the indices all reflected that idea.
- The S&P index is closing up 17.72 points or 0.73% to 2443.25. The high reached 2445.76. The low reached 2435.75
- The Nasdaq is closing up 67.867 points or 1.10% to 6261.17. The high reached 6265.64. The low reached 6236.82
- The Dow closed at record levels at 21532.14. That is up 123.07 points or +0.57%. The prior high close was at 21529.99.