NEW YORK (Reuters) - U.S. stocks regained ground
Friday as Intel Corp rebounded despite a warning on
third-quarter revenue, and as Federal Reserve Chairman Ben
Bernanke said the central bank is ready to take steps if needed
to spur the economy.
* Indexes briefly turned negative following Intel's
forecast and Bernanke's speech. Intel traded up 0.4 percent in
midmorning action.
* The Dow Jones industrial average added 51.24
points, or 0.51 percent, to 10,037.05. The Standard & Poor's
500 Index gained 4.83 points, or 0.46 percent, to
1,052.05. The Nasdaq Composite Index rose 7.76 points,
or 0.37 percent, to 2,126.45.
(Reporting by Leah Schnurr; editing by Jeffrey Benkoe)


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