NEW YORK (TheStreet) — The markets closed higher Thursday after Fed Chairman Ben Bernanke minimized the threat of inflation and continued the quantitative easing program.
The Dow Jones Industrial Average rose 20.29, or 0.017%, to 12,062.26. The S&P 500 added 3.07, or 0.24%, to 1,307.10. The Nasdaq gained 4.32, or 0.16%, to 2,753.88.
The trading panel on CNBC’s “Fast Money” TV show focused their attention on Goodyear Tire, which was up in afterhours trading on the disclosure of a 6.1% stake in the company by David Tepper’s Appaloosa Management….
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