Assurances of consistency at the Federal Reserve from new chair Janet Yellen soothed investors’ lingering anxieties, sending markets in the U.S. and Europe higher and propelling retail stocks to their sixth straight day of gains.
Following Yellen’s remarks to Congress about how she expected a “great deal of continuity” with the policies of her predecessor, Ben Bernanke, the Dow Jones Industrial Average gained 1.2 percent to 15,994.77 and the S&P 500 leaped above the 1,800 mark to close ahead 1.1 percent at 1,819.75.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)