U.S. Stocks Rise as Fed Sees ‘Scope for Further Action’

Story by Bloomberg

Written By Inyoung Hwang

U.S. stocks rose, paring the Standard & Poor’s 500 Index’s first weekly decline in almost two months, as Federal Reserve Chairman Ben S. Bernanke said he saw “scope for further action,” increasing speculation the central bank will act to boost economic growth.
http://www.bloomberg.com/news/2012-08-24/u-s-stock-futures-are-little-changed.html