While you were sleeping Dow lingers near record

Mon, 11 Nov 2013

By Margreet Dietz Nov. 12 (BusinessDesk) - Wall Street lingered near record highs as investors awaited fresh clues from American monetary policy makers including Federal Reserve Chairman Ben Bernanke's nominated successor, Janet Yellen. Yellen is scheduled to give testimony during her confirmation hearing before the Senate Banking Committee on Nov. 14 at time when the most recent US GDP and jobs data are pointing to better-than-expected strength in the world's largest economy. In afternoon trading in New York, the Dow Jones Industrial Avera...

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