Stocks Lift Off

rocket tbi

So much for Bernanke’s testimony freaking out the markets, as so many feared. Stocks soared today, decisively breaking their soggy perforamnce of the past several days. The only way Bernanke’s testimony mattered is if traders thought he’d get impeached and they liked that, as we jokingly suggested earlier.

All major indices were up over 2%, with the S&P blowing past 900, to end at 920.26.

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at