Wall Street rebounds as Bernanke defends policy

By Chuck Mikolajczak

NEW YORK |
Tue Feb 26, 2013 2:46pm EST

NEW YORK (Reuters) – Stocks climbed on Tuesday, resilient from their misfortune decrease given Nov after Federal Reserve Chairman Ben Bernanke shielded a Fed’s bond-buying impulse before Congress.

Bernanke, in testimony before a Senate Banking Committee, strongly shielded a Fed’s bond-buying impulse module and quieted rumblings that a executive bank might lift behind from a stimulative process measures, that were sparked by a recover of a Fed mins final week.

Bernanke’s testimony helped palliate concerns about a stand-off in Italy after a ubiquitous choosing unsuccessful to give any celebration a parliamentary majority,

Read full article: http://www.ft.com/cms/s/2/d363b054-6548-11e2-8b03-00144feab49a.html

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Source:
http://www.news.ezonearticle.com/2013/02/26/wall-street-rebounds-as-bernanke-defends-policy/