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The US markets closed higher for a second session, led by techs and after Bernanke reiterated that the Central Bank stands ready to inject more stimulus despite the Fed’s latest lackluster “beige book” report. With the day’s gains, all three major averages are back in positive territory for July.
Dow JonesIndustrial Average jumped 0.81% or 103.16 points at 12908.7.NasdaqComposite added 1.12% or 32.56 points at 2942.6. Standard & Poor’s 500 rose 0.67% or 9.11 points at 1372.78.