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Wall St rises after Yellen comments

Tuesday, February 11 15:13:02

U.S. stocks opened slightly higher today after Federal Reserve Chair Janet Yellen reinforced the Fed's plan to scale back its market-friendly stimulus while noting the health of the labour market needed to improve.

The Dow Jones industrial average rose 32.94 points or 0.21 percent, to 15,834.73, the S and P 500 gained 1.94 points or 0.11 percent, to 1,801.78 and the Nasdaq Composite added 8.868 points or 0.21 percent, to 4,157.042.