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Global stocks mostly higher as dollar falls after Yellen remarks

Investing,com - Global stocks mostly higher Thursday as Fed Chair Janet Yellen testimony deemed less hawkish than feared.Wall St closed higher with the Dow Jones recording fresh records.The {178|Nikkei 225}} missed out, shedding 0.03% as the yen firmed earlier on against the dollar. Europe hovers in narrow ranges. DAX up 0.02%. CAC 40 gains 0.13%. Euro firm above $1.14 mark.FTSE 100 off 0.09%. Sterling marches ahead as rate hike talk persists.U.S. stock index futures higher after buoyant Wall St overnight.Dollar index near 10-month lows as Yellen remarks on inflation taken to heart. PPI, further Yellen testimony ahead.Trump backs son in probe into alleged Russian meddling in 2016 presidential race. Oil takes a breather after upbeat EIA inventories report.Gold up on weaker dollar. Longer-end U.S. Treasury yields dip.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70.8% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.