Wall Street rises modestly following Yellen speech

Us market

US stocks rose slightly on Friday, lifted by high-dividend-paying stocks, after Federal Reserve Chair Janet Yellen stayed silent on monetary policy in a much-anticipated speech.

The Dow Jones Industrial Average rose 30.27 points, or 0.14 percent, to end at 21,813.67, the S&P 500 gained 4.08 points, or 0.17 percent, to 2,443.05 and the Nasdaq Composite dropped 5.68 points, or 0.09 percent, to 6,265.64.

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