Stock Markets Latest News: Stocks Edge Higher on Bernanke, Earnings; YHOO, TSLA Jump

Wochit 0:43 mins

Stocks edged higher after several major companies reported earnings gains and Federal Reserve Chairman Ben Bernanke said the central bank had no firm timetable for cutting back on its bond purchases. Chairman Ben Bernanke says markets are more stable now that investors better understand the Federal Reserve's guidance on when it might start reducing its bond purchases. Yahoo's second-quarter results aren't giving Marissa Mayer a lot to celebrate as she completes her first year running the Internet company.

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