04-11-2015 23:39 via Yahoo News - Latest News & Headlines

Wall St. ends down after energy slide, Yellen comments

Stocks added to losses after comments by Yellen, who told Congress the Fed expects the economy to continue to grow at a pace that returns inflation to policy-makers' target and that "if the incoming information supports that expectation ... December would be a live possibility" for a rate increase. "It's really that uncertainty - investors don't know whether to applaud a rate hike or to fear it," said Bruce Zaro, chief technical strategist at Bolton Global Asset Management in Boston.
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