Don’t miss the latest developments in business and finance.

Wall Street rises on Bernanke's flexible timing

Image
Reuters NEW YORK
Last Updated : Jul 18 2013 | 2:00 AM IST

NEW YORK (Reuters) - U.S. stocks edged higher on Wednesday after Federal Reserve Chairman Ben Bernanke said the timeline for winding down the U.S. central bank's stimulus program was not set in stone.

The Dow Jones industrial average was up 18.67 points, or 0.12 percent, to end unofficially at 15,470.52. The Standard & Poor's 500 Index was up 4.65 points, or 0.27 percent, to finish unofficially at 1,680.91. The Nasdaq Composite Index was up 11.50 points, or 0.32 percent, to close unofficially at 3,610.00.

(Reporting by Angela Moon; Editing by Jan Paschal)

More From This Section

First Published: Jul 18 2013 | 1:50 AM IST

Next Story