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June 22, 2016

Stocks rise on Yellen comments

NEW YORK (AP) — U.S. stocks rose Tuesday as investors were relieved to hear Federal Reserve Chair Janet Yellen say the Fed would remain cautious in raising interest rates.

Stocks hardly budged for most of the day as investors were occupied by Yellen's Congressional appearance and the looming vote on Britain's possible withdrawal from the European Union.


 
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