The stock market continued its recent hot streak Monday as some analysts and investors interpreted Fed Chairman Ben Bernanke’s Friday statement as a sign that the central bank is considering a QE3 program to prop up a troubled economy.

The Dow rallied up 255 points as investors snapped up insurance stocks on reports that damage and payouts results from Hurricane Irene will be much lower than initially feared.

Register or login for access to this item and much more

All On Wall Street content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access