Wall Street rebounds on HP results, Fed officials’ views
NEW YORK (Reuters) – U. S. stocks rose on Friday as Dow component Hewlett-Packard surged on strong results and comments from Fed officials allayed fears that the central bank would curtail its stimulus measures. Federal Reserve Chairman Ben Bernanke downplayed worries that the Fed has fueled asset bubbles that could hurt the economy in a private meeting with bond dealers and investors earlier this month, Bloomberg reported on Friday. Bernanke’s view helped ease fears that the central bank may end its easy money policies. . . .
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