Wall Street rallies on Thursday by the hand of Bernanke

FXstreet.com (San Francisco) - The US stocks market closed sharply higher on Thursday as investor's confidence was fueled by the Bernanke's words that reduced the possibilities to start tapering the QE in September. The S&P 500 performed its best day in a month and the Nasdaq closed at record high in almost 13 years.

The Dow Jones rose 169.26 points or 1.11% to finish the day at 15,460.92, The S&P 500 advanced 22.40 pts or 1.36% to 1,675.02 and the Nasdaq Composite added 57.54 pts or 1.63% to close its best day in 3 months at 3,578.30.