Digesting Bernanke testimony

Investors digested testimony from Fed chairman Ben Bernanke and refocused on positive earnings. Markets staged a comeback because Bernanke's testimony didn't kill all hope for further central bank action. Investors were looking for hints of additional stimulus, including the possibility of more bond buying, or quantitative easing. Bernanke was non-committal. Intel reported better-than-expected earnings after the bell, but revenue was slightly below forecast and the guidance was somewhat muted.