Stocks sag as the Fed chairman says a stronger economy may let the central bank start to end its bond-buying program late this year. But Bernanke sees low rates lasting into 2015.
The Dow jumps nearly 140 points ahead of a big Federal Reserve decision on interest rates. Crude oil closes above $98.
The Dow jumps 109 points after rising as many as 191. Oil-price jitters and rising rates trim gains. Those factors and the Fed may weigh on markets Tuesday.
Rising tensions over the civil war in Syria pushes energy prices higher. Brent crude, which affects gasoline prices, approaches $107 a barrel.
The central bank meets to discuss interest rates and the economy. And everyone hopes they do a better job of explaining their policy.
The blue chips jump 181 after reports on jobless claims and retail sales cheer investors. Friday brings reports on consumer confidence and options expirations.
After falling for three straight days, stocks need a reason to move up. A decent jobless claims report could help. So could a benign day for interest rates.
Shares drop 3% as data provider MSCI reclassifies Greece's markets as emerging-market. Turkish stocks rally, but unrest has hit the markets there hard.
VIDEO ON MSN MONEY
DATA PROVIDERS
Copyright © 2013 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
TOP STOCKS
Plus, after much ado, Softbank is oh-so-close to acquiring Sprint.
MARKET DISPATCHES
The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
FRUGAL COOL
Starting Monday, this site is joining forces with MSN Money Smart Spending. Here's why.
MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
SMART SPENDING
Those shackled with student loan debt are increasingly being targeted by scams and shady companies promising relief.
SMART TAXES
The IRS is struggling to combat identify thieves who file fraudulent tax returns in the names of older residents who don't need to file.
