End of the Day: S&P 500 down 1.6 to 2,113.86; Dow Jones up 15.4 to 18,224.57; Nasdaq down 1.0 to 4,967.14
Market Brief: Markets were flattish on the light trading session following a relatively uneventful testimony by Fed chair Janet Yellen on Tuesday’s session.
Most of today’s excitement centered around M&A speculation: Hewlett-Packard for Aruba Networks and Pharmacyclics looking to sell itself.
Crude rose 3.5 percent to $50.99 per barrel, ending a five-session losing streak.
* Sales of new single-family houses in January 2015 were at a seasonally adjusted annual rate of 481,000, according to