Wall Street climbs 1 percent on Bernanke, economic data


NEW YORK (Reuters) - All three major U.S. stock indexes rose more than 1 percent on Wednesday and the S&P 500 posted its best daily percentage gain since January 2 as Federal Reserve Chairman Ben Bernanke remained steadfast in his support of the Fed's stimulus policy.


Based on the latest available data, the Dow Jones industrial average <.dji> was up 175.24 points, or 1.26 percent, at 14,075.37. The Standard & Poor's 500 Index <.spx> was up 19.05 points, or 1.27 percent, at 1,515.99. The Nasdaq Composite Index <.ixic> was up 32.61 points, or 1.04 percent, at 3,162.26.


(Reporting by Caroline Valetkevitch; Editing by Kenneth Barry)



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