Stocks Hit 2012 High

Huzzah! Stocks around the world jumped to their highest point so far this year after Federal Reserve chairman Ben Bernanke said the Fed would continue measures to support economic growth. The news was welcomed in Europe, where stocks continued a two-day rise, as well as in Asia and on Wall Street. Analysts predict that the “easy monetary policy” Bernanke espoused will help the U.S. housing market and strengthen investor confidence.