Mutual funds trying to earn higher returns faced a nearly impossible task. Individual stocks are tracking the S&P index more now than in at least the last 20 years, a conundrum for managers of mutual funds.
The Dow rose 53.58 points to close at 11,613.53 as a wild month for the financial markets ends quietly
Stocks up in Asia, Europe after Fed chairman's speech. Futures point to higher open for US stocks.
Dow rises 135 points as Federal Reserve Chairman Ben Bernanke predicts long-term economic growth
Low rates are supposed to stimulate the housing market, but haven't done much so far. Low rates are hurting retirees, however.
Experts warn against policy initiatives with questionable benefits
The average interest rates for 30-year and 15-year fixed rate mortgages increased slightly from last week, bringing the 30-year rate to 4.39 percent and the 15-year rate to 3.56 percent
The Dow ended 144 points higher, with gold taking a dive and government bond yields rising. The S&P 500 gained about 15 points, and the Nasdaq closed about 21 points up.
European stocks shrug off local debt woes, while traders look forward to Bernanke speech. But European stocks are expected to remain volatile.