Scoreboard: Yellen comfort

Wall Street responded positively to Janet Yellen’s optimism on the US economy, while solid earnings and M&A activity also boosted sentiment.

The US Federal Reserve chair, Janet Yellen, has expressed optimism on the economy: "I am optimistic about the economy and that's reflected in the forecasts that are included in the monetary policy report." Further, she noted: "...I do think the economy is recovering and that growth is picking up and that we have sufficient growth to support continued improvement in the labour market."

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