Call it the Bernanke Boost. The stock market, which has been marching higher for a week, got extra fuel after Federal Reserve Chairman Ben Bernanke said the central bank will keep supporting the ... more 
Call it the Bernanke Boost. The stock market, which has been marching higher for a week, got extra fuel after Federal Reserve Chairman Ben Bernanke said the central bank will keep supporting the economy. For the second quarter, S&P 500 earnings are expected to grow just 2.6 percent, according to Wall Street analysts estimates compiled by Thomson Reuters. But projections for third-quarter earnings growth, on the other hand, are seen at 8.4 percent, with fourth-quarter growth seen at 12.8 percent. Both the Dow and the S&P 500 set new closing highs in the wake of Ben Bernanke's latest remarks. The indexes soared over 1% following the Fed chair's comments on quantitative easing. less 
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Thu, Jul 11, 2013 6:23 PM EDT