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Market up on upbeat Yellen testimony

STI recoups part of two days' losses, with banking and Jardine stocks spearheading the rise

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WALL Street on Wednesday rose sharply in response to an upbeat congressional testimony on the US economy and interest rates given by Federal Reserve chair Janet Yellen, and so the Straits Times Index, which had lost 37 points on Tuesday and Wednesday, reacted on Thursday by rebounding 26.76

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