Wall Street closes mostly higher

US stocks close mostly higher as investors welcome upbeat comments from Federal Reserve chair Janet Yellen about the US economy.

US stocks have closed mostly higher as investors welcomed upbeat comments from Federal Reserve chair Janet Yellen on the state of the US economy.

However, tech stocks weighed on markets, with Twitter again leading the Nasdaq lower.

At the closing bell, the Dow Jones Industrial Average jumped 117.84 points, or 0.72%, to 16,518.86.

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