Federal Reserve Chair Janet Yellen's Congressional testimony set off a market rally and pushed the Dow to notch new intraday and closing records. Yellen said the Fed would likely need fewer rate hikes to reach neutral. The Fed's Beige Book backed Yellen's confidence in economic strength. The U.S. economy grew at a "slight to moderate" pace over the six-week stretch, while wages and inflation rose "modestly." GrubHub (GRUB) increased after Cowen upgraded its rating on the food delivery ordering service to outperform from market perform. The firm said demand for online delivery was on the rise, particularly among younger users. NRG Energy (NRG) rocketed higher after outlining plans to raise $4 billion through asset sales. The power company also intends to pay down its debt by $13 billion.
More from Video
AMSC CEO discusses that and China challenges.
One of pharma's biggest CEO's talks M&A action on the exchange.
Citi overcame a mixed print to send its stock surging on Monday.
There is a lot of Apple news to chew on Wednesday.