NEW YORK (MarketWatch)
U.S. stocks reclaimed Tuesday gains after Federal Reserve Chairman Ben Bernanke finished speaking and Wall Street's gaze returned to solid results from Goldman Sachs Group Inc. and Coca-Cola Co.
"There was nothing disastrous from Bernanke, and there may be a bit of relief here that there is nothing to talk about in terms of QE3," Andrew Fitzpatrick, director of investments at Hinsdale Associates, said of the market's fixation on prospects of a third round of quantitative easing
The Dow Jones Industrial Average rose 78.33 points, or 0.6%, to 12,805.54
The S&P 500 index climbed 10.03 points, or 0.7%, to 1,363.67
The Nasdaq Composite gained 13.1 points, or 0.5%, to 2,910.04
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