Sentiment Higher as Bernanke Affirmed Easing Bias

Financial markets climbed higher after Fed Chairman Ben Bernanke reiterated his dovish stance on the central bank’s stance. Wall Street gained with the DJIA and the S&P 500 indices rising +1.11% and +1.36% respectively. In the commodity sector, crude oil initially soared but was held back by forecasts that growth in demand next year would be more than offset by growth in supply.

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Sentiment Higher as Bernanke Affirmed Easing Bias