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.
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Plus, after much ado, Softbank is oh-so-close to acquiring Sprint.
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.
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.
Those shackled with student loan debt are increasingly being targeted by scams and shady companies promising relief.
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.