Wall Street hits 2016 high after Yellen delivers

The S&P 500 closed at its highest in 2016 on Tuesday after Federal Reserve Chair Janet Yellen called for caution on raising interest rates – music to Wall Street’s ears.

The Dow Jones industrial average rose 0.56 percent to end at 17,633.11 points and the S&P 500 gained 17.96 points to 2,055.01. The Nasdaq Composite rallied 1.67 percent to 4,846.62.


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Posted in: Indian Market Tips