Fed Chief's Talk Boosts Stocks

Bernanke told Congress the Fed may pause its tightening cycle "at some point," easing rate worries

Major indexes finished modestly higher on heavy volume Thursday, recovering from opening lows as Federal Reserve Chairman Ben Bernanke hinted at a potential breather from further interest-rate hikes. His comments helped ease global tightening fears fanned after China raised its key base rate for the first time in 18 months, says Standard & Poor's MarketScope.

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