NEW YORK, N.Y. – U.S. stocks rose Tuesday as investors were relieved to hear Federal Reserve Chair Janet Yellen say the Fed would remain cautious in raising interest rates.
On Tuesday:
The Dow Jones industrial average picked up 24.86 points, or 0.1 per cent, to 17,829.73.
The Standard & Poor’s 500 index rose 5.65 points, or 0.3 per cent, to 2,088.90.
The Nasdaq composite added 6.55 points, or 0.1 per cent, to 4,843.76.
For the week:
The Dow is up 154.57 points, or 0.9 per cent.
The S&P 500 is up 17.68 points, or 0.9 per cent.
The Nasdaq is up 43.42 points, or 0.9 per cent.
For the year:
The Dow is up 404.70 points, or 2.3 per cent.
The S&P 500 is up 44.96 points, or 2.2 per cent.
The Nasdaq is down 163.65 points, or 3.3 per cent.
