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Janet Yellen

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  • NEW YORK, Aug 25- The S&P 500 briefly hurdled above 2,000 for the first time on Monday, with financials and biotechnology stocks lifting the benchmark index to a record as investors make equities their asset of choice.

  • *Lonmin to cut South African workforce 21 pct- sources. NEW YORK/ LONDON, Aug 25- Gold slipped on Monday, hovering near its lowest in two months, under pressure from a stronger U.S. dollar and from rallying global financial markets. Gold fell 0.3 percent at $1,277.19 an ounce by 1:52 p.m. EDT.

  • S&P 2,000 signaling further gains (amid warnings) Monday, 25 Aug 2014 | 1:22 PM ET
    Traders work on the floor of the New York Stock Exchange.

    The S&P 500's push through 2,000 signals further gains ahead as the market rides positive momentum, but traders remain cautious.

  • Biotechs rallied after Roche Holding AG agreed to buy InterMune Inc for $8.3 billion in cash, the latest vote of confidence in a sector that many, including Federal Reserve Chair Janet Yellen, are worried is overvalued. InterMune jumped 36 percent to $73.00, with the Nasdaq Biotech index up 2.4 percent.

  • Divergence in US and Europe highlights Jackson Hole Monday, 25 Aug 2014 | 9:52 AM ET
    Janet Yellen speaks with Mario Draghi at the Jackson Hole economic symposium, Aug. 22, 2014.

    The question coming out of the Jackson Hole Fed conference: Is it sustainable for the Europe and U.S. economies to be on different policy paths?

  • Santelli: Stable flattening     Monday, 25 Aug 2014 | 9:37 AM ET

    CNBC's Rick Santelli discusses the latest action in the bond market, and the U.S. dollar.

  • Cramer: See rebellion among ECB     Monday, 25 Aug 2014 | 9:09 AM ET

    With European markets on the rise, CNBC's Jim Cramer discusses Ukraine and the state of the European economy.

  • *Roche to buy InterMune for $8.3 billion. *U.S. investors took cues from Europe, where an index of major shares rose 0.7 percent after European Central Bank President Mario Draghi said Friday the ECB was prepared to respond with available tools if inflation dropped further.

  • LONDON, Aug 25- Gold held close to its lowest in two months on Monday, as the dollar marched higher after central bank heads signalled that interest rates were set on a diverging course in the United States, Europe and Japan.

  • LONDON, Aug 25- European stocks rallied and the euro fell to a near one-year trough against the dollar on Monday as investors saw rising chances of further policy easing by the European Central Bank. ECB President Mario Draghi said late on Friday that the bank was prepared to respond with all its available tools should inflation in the euro zone drop further.

  • *Roche to buy InterMune for $8.3 billion. *U.S. investors took cues from Europe, where an index of major shares rose 0.7 percent after European Central Bank President Mario Draghi said Friday the ECB was prepared to respond with available tools if inflation dropped further.

  • LONDON, Aug 25- The euro fell to its lowest in nearly a year against the dollar on Monday, hurt by weak German data and after comments from the head of the European Central Bank raised expectations of quantitative easing.

  • LONDON, Aug 25- Gold held close to its lowest in two months on Monday, as the dollar marched higher after central bank heads signalled that interest rates were set on a diverging course in the United States, Europe and Japan.

  • LONDON, Aug 25- The euro fell to a near one-year low against the dollar and euro zone stocks and bonds rallied on Monday as investors positioned for rising chances of further policy easing by the European Central Bank.

  • *Euro STOXX 50 index rises 1.1 percent. LONDON, Aug 25- European shares rose in morning trading on Monday, with market sentiment improving after comments by European Central Bank President Mario Draghi raised expectations of further policy easing.

  • LONDON, Aug 25- The euro fell to its lowest in nearly a year against a firmer dollar on Monday after the head of the European Central Bank said he was prepared to take action if inflation dropped further, raising expectations of quantitative easing.

  • TOKYO/ SYDNEY, Aug 25- The euro fell to its lowest in nearly a year against a broadly firmer dollar on Monday after comments from the head of the European Central Bank raised prospects of more policy easing as early as next week. The common currency skidded to $1.3185 in early trade, its lowest since September 2013, from around $1.3246 late in New York on Friday.

  • Has Yellen opened the door to a rate hike?     Monday, 25 Aug 2014 | 12:17 AM ET

    Norman Chan, Investment Director at NAB Private Wealth Advisory, says a change in Fed chair Yellen's view of the U.S. job market suggests the possibility of an earlier-than-expected rate hike.

  • SYDNEY, Aug 25- The dollar marched higher against the euro and yen on Monday as investors wagered that interest rates were set on a diverging course in the United States, Europe and Japan, giving a lift to Tokyo stocks in the process.

  • TOKYO, Aug 25- Tokyo stocks rebounded on Monday morning, spurred by gains for exporters as the yen weakened to a seven-month low against the dollar after a gathering of central bankers underlined the diverging paths of interest rates in Japan and the United States. rose 0.2 percent to 15,569.57 points.