While you were sleeping: Wall Street lingers near records

Wed, 25 Feb 2015

By Margreet Dietz Feb. 26 (BusinessDesk) - Wall Street edged higher, trading near record highs, as Federal Reserve Chair Janet Yellen gave a second day of testimony to Congress. Yellen on Tuesday suggested the Fed won’t need to raise interest rates for “at least the next couple of FOMC meetings.” She repeated the main points of her comments to members of the House of Representatives today; yesterday she spoke to the Senate’s banking committee. The latest US corporate earnings were mixed. Shares of discount retailers Dollar Tree climbed...

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