Wall Street was up in afternoon trade on Wednesday after US Federal Reserve Chairman Ben Bernanke told Congress that the US economy continues to grow and inflation is beginning to recede. The Dow Jones Industrial Average added 0.7 percent to 12,742.02, while the Nasdaq Composite gained 1.4 percent to 2,492.98 and the S&P 500 [...]

At midday on Monday, the New York equities markets were up on new economic data that came in higher than expected as well as continued stronger-than-predicted earnings results. Hints that inflationary pressures are rising did not seem to worry investors. The Dow Jones Industrial Average was up 0.3 percent to 11,403.24 at mid-session, [...]