U.S. stocks jump as Treasuries trim gain after Bernanke’s speech

NEW YORK - U.S. stocks surged, reversing a 221-point loss in the Dow Jones Industrial Average, as Federal Reserve Chairman Ben S. Bernanke indicated the economy isn’t deteriorating enough to warrant any immediate stimulus. Treasuries trimmed gains and the dollar swung to a loss. The Standard & Poor’s 500 Index added 1.3 percent at 2:29…

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