Wall Street Rallies as Stocks Gain on Less Hawkish Yellen

Michael Teague  |

Wall Street rallied early in Monday’s session, and maintained gains consistently throughout trading, with all indices once again approaching intraday highs to end the first quarter of 2014. Investors looking to make purchases found some support from Fed Chairwoman Janet Yellen’s who sounded somewhat less hawkish on Treasury spending in comments to the effect that there was still room for the central bank to help bring the US economy up to a more durable form of recovery.

Results for Monday, March 31

  • Standard & Poor’s 500: +0.79 percent to 1,872.34

  • Dow Jones Industrial Average: +0.82 percent to 16,457.66

  • NASDAQ Exchange: +1.04 percent to 4,198.99

Our Top Stories

Stocks

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Companies

Symbol Name Price Change % Volume
TSLA Tesla Motors Inc. 263.91 -7.87 -2.90 5,371,258 Trade
GILD Gilead Sciences Inc. 74.17 -1.45 -1.92 6,087,858 Trade
SZYM Solazyme Inc. n/a n/a n/a 0
Z Zillow Group Inc. 40.15 -1.35 -3.25 2,685,313 Trade
MU Micron Technology Inc. 41.30 -1.05 -2.48 33,220,273 Trade
ADIMF Asahi Diamond Industrial Co Ltd (Japan) n/a n/a n/a 0
PRAN Prana Biotechnology Ltd 2.10 0.12 6.06 231,390 Trade

Comments

Emerging Growth

Margaux Resources Ltd.

Margaux Resources Ltd is a Calgary based resource company. The Company is focused on its Jersey Emeral Tungsten-Zinc property located in the southeast portion of British Columbia.