CAPITAL MARKETS

S&P 500 at a record close

THE S&P 500 finished at a record high overnight on comments from new Federal Reserve chairwoman Janet Yellen.

Kristie Batten

The index gained 0.4%, or 9.1 points, to close at 1854.3 points. According to a Bloomberg report, Yellen indicated the Fed may pull back on the tapering of stimulus measures if the economy weakened....

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