NEW YORK The S&P 500 closed at a 7-month high on Monday as Federal Reserve Chair Janet Yellen painted a mostly upbeat picture of the economy but gave little sense of when a rate hike may be coming.
The Dow Jones industrial average .DJI rose 112.93 points, or 0.63 percent, to 17,919.99, the S&P 500 .SPX gained 10.25 points, or 0.49 percent, to 2,109.38 and the Nasdaq Composite .IXIC added 26.20 points, or 0.53 percent, to 4,968.71.
(Reporting by Caroline Valetkevitch; Editing by Nick Zieminski)
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Updated Date: Jun 07, 2016 02:00 AM