Dow Up 137; Fed News Sparks Rally

Bernanke predicts US GDP growth in 2010
By Nick McMaster,  Newser Staff
Posted Nov 16, 2009 3:12 PM CST
Specialist Anthony Solomon, left, is surrounded as he works at his post on the floor of the New York Stock Exchange in this undated file photo.   (AP Photo/Richard Drew)

(Newser) – Stocks rallied today on news of strong third-quarter economic growth in Japan and reassurance from Ben Bernanke that the Fed will keep interest rates low, the Wall Street Journal reports.

  • The Dow rose 136.49 points to close at 10,406,96.
  • The Nasdaq gained 29.97, settling at 2,197.85.
  • The S&P 500 added 15.82 to close at 1,109.30.