Stocks up sharply

One of those Rashomon days where different analysts look at the session in different ways. Earlier today Fed Chairman Ben Bernanke painted a still-worrisome view of the job market, which might sound like bad news except that it also ensures the central bank's continued policy of low interest rates - perhaps even more monetary easing - and Wall Street considers that to be a good thing. At the close, the Dow was up 160 points, to 13,241. Today's gains makes up for last week's down week.