US stocks gain ground after Bernanke comments

US stocks advanced today as Wall Street brushed aside concerns about a Chinese interest rate hike to focus on comments by Federal Reserve Chairman Ben Bernanke that a pause in US rate increases may be ahead.

US stocks gain ground after Bernanke comments
Thu, 27 Apr, 2006 - 23:09

US stocks advanced today as Wall Street brushed aside concerns about a Chinese interest rate hike to focus on comments by Federal Reserve Chairman Ben Bernanke that a pause in US rate increases may be ahead.

The Dow Jones industrial average gained 28.02, or 0.3%, to close at 11,382.51.

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