Yellen’s remarks continue to shore up markets

By Greg Keller

Published February 12, 2014 12:43pm ET

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Yellen’s remarks continue to shore up markets — A man walks outside a securities firm in Tokyo, Wednesday, Feb. 12, 2014. Tokyo stocks jumped in early trading Wednesday, a day after a surge on Wall Street that followed reassurance from the new head of the U.S. Federal Reserve about continued low-interest rate policies. (AP Photo/Junji kurokawa) | Junji Kurokawa

PARIS (AP) — Global stock markets posted further gains Wednesday after the new head of the U.S. Federal Reserve indicated that interest rates would remain low for a while to come.

Stronger Chinese trade figures and the shelving of another U.S. debt limit battle also helped to shore up markets, which appear to be getting over the recent turmoil that was prompted by uncertainties over emerging economies.

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Federal Reserve Janet Yellen