Wall St lifts higher in late trade

US stocks turn higher as investors look forward to guidance from incoming Federal Reserve boss Janet Yellen on stimulus.

US stocks turned higher in late in the session, as investors weighed the outlook for central-bank stimulus efforts.

The Dow Jones Industrial Average gained 21 points, or 0.1%, to 15,771. It was down 79 points at its session low. The S&P 500 index gained seven points, or 0.4%, to 1,775 and the Nasdaq Composite Index added 28 points, or 0.7%, to 3,948.

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