Stocks Hit Highs after Yellen Talks - WSJ.comThe Dow industrials and also S&P 500 clinched refreshin...

1. Stocks Finish Higher After Yellen Comments
Stocks Hit Highs after Yellen Talks - WSJ.com
The Dow industrials and also S&P 500 clinched refreshing all-time highs following the nominee to
head your Federal Reserve defended your central bank's economic stimulus efforts, even though
weak earnings fromCisco SystemsCSCO +0.47%Cisco Techniques Inc.U.S.:
Nasdaq$21.46+0.10+0.47%Nov. 15, 2013 10:06 amVolume (Delayed 15m):11.60MP/E
Ratio11.57Market Cap$115.04 BillionDividend Yield3.18%Rev. for each Employee$650,45511/15/13
Morning MoneyBeat: Nasdaq Near...11/15/13 The Particular Morning Download: Tech Bel...11/14/13
Cisco CEO: 'Never Seen' Such a...More quote details and also information >>CSCO in
Your ValueYour ChangeShort positionhurt technologies stocks.
The Dow Jones Industrial average rose 54.59 points, or perhaps 0.3%, in order to 15876.22, while
the S&P 500 gained 8.62 points, or 0.5%, for you to 1790.62. Each indexes ended at record levels for
any second consecutive day. The Particular Nasdaq Composite Index extra 7.16 points, or perhaps
0.2%, in order to 3972.74, its highest finish inside more than 13 years.
Investors centered on Fed Vice ChairwomanJanet Yellen,President Barack Obama's nominee to lead
the central bank right after Ben Bernanke actions down throughout January, with regard to signals
concerning Fed policy.
In the particular Markets Recap: Yellen Addresses Senate Committee Heard: Yellen shows Huge
Banks Your Ex TalonsIPOs Show Indicators associated with CoolingTreasurys RiseOil ClimbsJapan
Stocks come Back in order to LifeYellen to Start Fed Confirmation Hearing
Ms. Yellen stated in the hearing on her nomination before the Senate Banking Committee that will
there are dangers in order to ending your central bank's $85 billion-a-month bond-buying plan also
soon, an assurance to investors that will few large policy changes are generally around the way. The
Particular Fed's bond-buying program is widely credited pertaining to assisting to enable the S&P
500's 26% gain within 2013.
"In your ex very first test before the Senate she's encounter clear along with concise as well as
saying what we should expected," said Yousef Abbasi, New York-based market strategist with
brokerage JonesTrading Institutional Services.
Ms. Yellen's question-and-answer session together with lawmakers additionally gave a boost to the
bond market. Your yield on the 10-year Treasury note fell in order to 2.702%, coming from 2.728%
late Wednesday, as rates rose.
Agam Kothari, director associated with equity trading at Citigroup, declared stock trading continues
in order to be quiet throughout latest days, yet that will investors might be drawn for the stock
trading game inside the weeks ahead with few obstacles on the horizon.
"With the actual Yellen testimony out with the way, industry goes to be more comfortable putting
richesse for you to work," he said. "Now there is actually not significantly on the calendar, plus it
looks such as smooth sailing until the particular subsequent [jobs] statement early next month."

2. Technology stocks about the S&P 500 were the sole market sector inside the red right after poor
quarterly comes from Cisco. Shares slid following the network-equipment maker reported late
Wednesday that its gain dropped 4.6% through a year earlier and also income growth missed
expectations. Cisco furthermore issued the downbeat outlook for your present quarter.
Hewlett-PackardHPQ +0.79%Hewlett-Packard Co.U.S.: NYSE$25.27+0.20+0.79%Nov. 15, 2013
10:06 amVolume (Delayed 15m):2.04MP/E RatioN/AMarket Cap$48.18 BillionDividend
Yield2.30%Rev. for each Employee$340,55211/13/13 Google, H-P Halt Chromebook Sa...11/07/13
Lenovo's Revenue Climbs 36%11/06/13 China's Slower Growth Puts the D...More quote details along
with news >>HPQ in
Your ValueYour ChangeShort positionfell following
your business said that it, withGoogle,GOOG 0.00%Google Inc. Cl AU.S.:
Nasdaq$1035.26+0.030.00%Nov. 15, 2013 10:06 amVolume (Delayed 15m):312,147P/E
Ratio29.36Market Cap$345.86 BillionDividend YieldN/ARev. per Employee$1,059,71011/15/13 the
Day-to-day Startup: Yesware Giv...11/15/13 The Actual Morning Download: Tech Bel...11/14/13 Soros
Will Take any Stake within Microso...More quote details and also news >>GOOG in
Your ValueYour ChangeShort positionwill halt revenue with the HP
Chromebook 11 after reports that will several chargers included with all the little computers are
usually overheating. Google edged higher.
TwitterTWTR -0.58%Twitter Inc.U.S.: NYSE$44.43-0.26-0.58%Nov. 15, 2013 10:06 amVolume
(Delayed 15m):1.93MP/E RatioN/AMarket Cap$24.34 BillionDividend YieldN/ARev. per
Employee$267,23111/15/13 Twitter Choices Expected to Ha...11/14/13 Australia's Freelancer Soars
o...11/14/13 Twitter Extends Advert Platform fo...More quote details as well as information >>TWTR
in
Your ValueYour ChangeShort positionrose nearly 5% in order to end from
$44.69, its highest finish since the actual stock's trading debut a week back throughout the thing
that was your largest first public offering to have got an World wide web organization
sinceFacebookFB +0.47%Facebook Inc. Cl AU.S.: Nasdaq$49.22+0.23+0.47%Nov. 15, 2013 10:06
amVolume (Delayed 15m):6.85MP/E Ratio113.98Market Cap$117.49 BillionDividend YieldN/ARev.
for each Employee$1,487,77011/15/13 Morning MoneyBeat: Nasdaq Near...11/14/13 HEARD ON
THE STREET: Facebook ...11/14/13 Amazon Still Seeking Social Gr...More quote details as well as
information >>FB in
Your ValueYour ChangeShort positionlast year.
Twitter remains under its opening price of 45.10.
Wal-Mart StoresWMT +0.11%Wal-Mart Retailers Inc.U.S.: NYSE$79.17+0.09+0.11%Nov. 15, 2013
10:06 amVolume (Delayed 15m):1.20MP/E Ratio15.11Market Cap$256.54 BillionDividend
Yield2.38%Rev. per Employee$215,79011/15/13 Morning Links: Shaping Up to become able to
B...11/15/13 The Actual Morning Ledger: Wal-Mart W...11/14/13 Customers Can't Shake the
BluesMore quote details and also news >>WMT in
Your ValueYour
ChangeShort positionrecouped an earlier stock decline to inch up after the retailing giant mentioned
its sales fell for the third quarter in the row. The Actual organization additionally narrowed its fullyear revenue forecast.
Kohl's fell following posting the third-quarter earnings decline of 18% because the department-store
chain reported missed Wall Street earnings as well as revenue guidance.
Home builders includingPulteGroupPHM +0.64%PulteGroup Inc.U.S.:
NYSE$17.98+0.12+0.64%Nov. 15, 2013 10:06 amVolume (Delayed 15m):1.33MP/E Ratio2.82Market

3. Cap$6.84 BillionDividend Yield1.11%Rev. per Employee$1,528,65010/23/13 Residence Builders Goal
Higher En...09/18/13 Homebuilders Tack on Gains Tha...More quote details as well as news >>PHM
in
Your ValueYour ChangeShort positionshot up as investors bet in which
continued bond getting will keep a new lid upon home loan rates and encourage house sales.
Initial claims with regard to jobless rewards were 339,000 within the most recent week, down from
the revised 341,000 per week prior. Every Week jobless claims, a proxy pertaining to layoffs, have
been falling since early last month, however final week's reading has been slightly higher than
forecast.
In Europe, the actual Stoxx Europe 600 gained 0.8%, snapping a two-session slide. Third-quarter
gross domestic item in the euro zone expanded just 0.1% from your previous quarter, down from
0.3% growth in the 2nd quarter.
In Asia, Japan's Nikkei Stock average surged 2.1% to practically the six-month high. Third-quarter
Japanese GDP grew from an annualized rate of 1.9%, topping anticipations regarding 1.7%. China's
Shanghai Composite rose 0.6%.
Front-month December crude oil futures slipped 0.1% for you to settle with $93.76 a new barrel.
Gold futures climbed 1.4% to be able to settle in $1,286.20 a troy ounce after ending Wednesday in a
one-month low.
Compose toChris Dieterich from chris.dieterich@wsj.com