Stocks edge up as Bernanke reassures on stimulus

NEW YORK • Stocks edged higher in early trading on Wall Street Wednesday after several major companies reported earnings gains and Federal Reserve Chairman Ben Bernanke said the central bank had no firm timetable for cutting back on its bond purchases. Bernanke said that the bank would consider reducing its stimulus program if the economy improves, but emphasized that the reductions were “by no means on a preset course,” according to a prepared text of Bernanke’s testimony before Congress, which...

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