Scoreboard: Yellen cheer

Fed chair Janet Yellen’s positive comments gave Wall Street a boost, while Vladimir Putin did his part to ease the Ukraine drama.

A mixed session for the market overall as tech stocks continue to be hammered with companies like AOL and Yahoo taking the index lower. Outside that stocks generally rose, boosted by upbeat comments from the Fed Chair, Janet Yellen, who noted in comments to the Congressional Joint Economic Committee that “many recent indicators suggest that a rebound in spending and production is already under way". However she was less enthusiastic about the housing market, noting that recent indicators showed a flattening out could prove to be permanent. 

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