10-02-2016 23:35 via news.yahoo.com

S&P 500 ends flat; Fed sees risks but unlikely to reverse course

The Dow and S&P 500 posted their fourth straight day of losses while the Nasdaq ended its three-day down streak. The market had traded higher for much of the session after Yellen told Congress she does not expect the central bank to reverse the rate hike program it began in December. "The market was strong (early in the day) because Janet Yellen confirmed the fact the Fed would go very slow on rate hikes because the economy was showing some signs of sluggishness," said Peter Tuz, president o
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