Pursuits
U.S. Stocks Advance After GDP Data as Investors Await Bernanke
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U.S. stocks advanced, following a two-day decline in the Standard & Poor’s 500 Index, as the economy grew more than first estimated and investors awaited Federal Reserve Chairman Ben S. Bernanke’s speech in two days.
WellPoint Inc. increased 7.7 percent after Angela Braly resigned as chairman and chief executive officer of the insurer. Yelp Inc. surged 23 percent as investor confidence in its growth prospects prevailed after a ban lifted on stock sales by some of the largest investors in the online review website.