America Breaking News: Stocks Rise After Bernanke Allays Stimulus Fear

Wochit 0:50 mins

Stocks broke through record highs in early trading after Federal Reserve Chairman Ben Bernanke said the central bank is in no hurry to stop supporting the economy. Jurors in the George Zimmerman murder trial will be told they can potentially convict him for the lesser charge of manslaughter for the killing of unarmed black teenager Trayvon Martin, a Florida judge said. The average U.S. rate on a 30-year fixed mortgage rose this week to 4.51 percent, a two-year high. Rates have been rising on expectations that the Federal Reserve will slow its bond purchases this year.

View Comments