1. UP & UP

    Stocks and Euro Rise After Bernanke Speech

    NEW YORK, NY - AUGUST 31:  Traders work on the floor of the New York Stock Exchange on August 31, 2012 in New York City. Stocks rose after Ben Bernanke, chairman of the Federal Reserve, spoke this morning, announcing that federal policy would "provide additional policy accommodation as needed" in an attempt to spur the slow economy.  (Photo by Andrew Burton/Getty Images)

    Andrew Burton / Getty Images

    Amazing what a little talking can do! Federal Reserve chaiman Ben Bernanke addressed a conference on monetary policy on Friday in Jackson Hole, Wyo., saying that the central bank would act as necessary to strengthen America’s economic recovery, leaving the door open for future monetary easing. Soon after, both European stocks and the euro began rising as signs emerged of a deal to manage the euro-zone crisis. On the American side, the dollar dropped to an eight-week low after Bernanke characterized high unemployment as a "grave concern," reinforcing expectations of more growth-encouraging stimulus.

    Read it at Reuters