US stocks surge after Bernanke's inflation comments

Wall Street shot higher today after Federal Reserve Chairman Ben Bernanke said US economic growth seemed to be moderating and inflation remained contained.

US stocks surge after Bernanke's inflation comments

Wall Street shot higher today after Federal Reserve Chairman Ben Bernanke said US economic growth seemed to be moderating and inflation remained contained.

The Dow Jones industrial average gained more than 200 points, while Treasury bonds recovered from early losses to close sharply higher.

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