BHP 70.55 +2.72 +4.01% CNBC 7.20 April 4 2008 Nymex oil 104.18 up 0.35% Brent Crude 102.32 Tin 20150 Gold 904.4 (0.9%) Nickel 28849 (0.35%) 1 usd 9210 rp menguat 5 rp AP Stocks Higher After Bernanke Testimony Thursday April 3, 6:51 pm ET By Madlen Read, AP Business Writer Stocks Up After Comments From Fed Chairman, Merrill CEO Revive Confidence About Credit Markets NEW YORK (AP) -- Stocks managed to notch a modest gain Thursday, with Wall Street cautious ahead of Friday's jobs report but hopeful that the global financial system is on the mend. Federal Reserve Chairman Ben Bernanke told Congress the Fed expects to recover most, if not all, the $29 billion worth of loans it made to keep struggling Bear Stearns Cos. from collapse. Bernanke's remarks, in which he defended the central bank's decision to aid JPMorgan Chase & Co.'s buy of Bear Stearns, were calming to investors hoping that demand is returning to the tight credit markets.
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