While you were sleeping: Wall St moves higher

Mon, 10 Jul 2017

By Margreet Dietz July 11 (BusinessDesk) - Wall Street moved higher with technology stocks as investors awaited Federal Reserve Chair Janet Yellen’s semiannual testimony to Congress and the start of the latest quarterly earnings season. Yellen will testify before the House Financial Services Committee on Wednesday and before the Senate Banking Committee on Thursday. Her comments will be scrutinised for fresh clues on the timing of the Fed’s third rate hike this year as well as the unwinding of its balance sheet. Also, JPMorgan Chase,...

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