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| The S&P 500 closed at a record on Thursday and ended in positive territory for the year after Federal Reserve Chair Janet Yellen said harsh weather seems to be to behind recent U.S. economic softness.<br>That gave some relief to investors who supported the view that heavy snowstorms and unusually cold weather - and not worsening fundamentals - were to blame for weak U.S. employment, retail sales and other data.<br>The advance lifted the S&P 500 above its 2013 year-end closing level of 1,848.36, which has served as resistance in recent sessions.<br>"The market was worried. She could have excluded weather and perhaps talked more about the soft patch," said Quincy Krosby, market strategist at Prudential Financial, which is based in Newark, New Jersey.<br>"I think she gave the market some comfort that she thought it was probably mostly due to weather-related issues."<br>Testifying before the Senate Banking Committee, Yellen also said the Fed would watch carefully to make sure weather was indeed behind the recent weakness. But she said it would take a "significant change" to the economy's prospects for the central bank to put plans to reduce its bond-buying program on hold.<br>Some retailers scored sharp gains for a third session, with the shares of J.C. Penney Co Inc (JCP.N) and others jumping after the companies posted strong results.<br>Mylan Inc (MYL.O) gave one of the biggest boosts to both the S&P 500 and Nasdaq. Mylan's shares shot up 9.4 percent to end at $56.27 after the U.S. generic drugmaker gave a 2014 forecast above Wall Street's estimates. Mylan also said it plans to make a "substantial" transaction this year that would add to future earnings.<br>The Dow Jones industrial average .DJI rose 74.24 points or 0.46 percent, to end at 16,272.65. The S&P 500 .SPX gained 9.13 points or 0.49 percent, to finish at 1,854.29, surpassing its previous record closing high set on January 15.<br>The Nasdaq Composite .IXIC added 26.869 points or 0.63 percent, to close at 4,318.933.<br>For the year, the S&P 500 index is now up 0.3 percent.<br>After the bell, Gap Inc GSP.N shares slid 1 percent to $43.24 after the clothing retailer reported results. Shares of Deckers Outdoor Corp (DECK.O) tumbled 12.5 percent to $74.05 after the company, whose brands include [http://tinyurl.com/ku6vjks UGG boots] and Teva sandals, posted earnings.<br>During the regular session, [http://tinyurl.com/ku6vjks http://tinyurl.com/ku6vjks] J.C. Penney shares surged 25.3 percent to $7.47, a day after the U.S. department store chain forecast more improvement in its comparable sales and gross profit margin this fiscal year.<br>The S&P retail index .SPXRT has climbed 4.2 percent for the week so far, including its slim gain of 0.1 percent [http://tinyurl.com/ku6vjks uggs on sale] Thursday.<br>Among other retailers, Best Buy Co Inc (BBY.N) reported a better-than-expected profit [http://tinyurl.com/ku6vjks uggs on sale] Thursday. The stock rose as high as $28.19 before ending at $25.57, down 1 percent.<br>Sears Holding Corp (SHLD.O) reported a quarterly loss that narrowed from the year-ago period, sending its stock up 6.5 percent to $43.01. Kohl's Corp (KSS.N) said it expected modest sales gains in its new fiscal year and reported a lower fourth-quarter profit. Shares of Kohl's rose 2.4 percent to $55.74.<br>The day's economic data added to the positive tone, with orders for long-lasting U.S. manufactured goods excluding transportation, or durable goods excluding transportation, and a gauge of business spending unexpectedly rising in January.<br>About 6.5 billion shares changed hands on U.S. exchanges, below the 7 billion average so far this month, according to data from BATS Global Markets.<br>Advancers beat decliners on the New York Stock Exchange by a ratio of 2 to 1. On the [http://tinyurl.com/ku6vjks uggs on sale] Nasdaq, 17 stocks rose for every nine that fell.<br>(Editing by Jan Paschal)<br>Tweet this <br>Link this <br>Share this<br>Digg this <br>Email<br>Print<br>Reprints<br>We welcome [http://www.Reddit.com/r/howto/search?q=comments comments] that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see website Comments (3) Simplerman wrote: It�s clear the US has recently entered yet another recession evidenced by existing home sales and the Christmas (sorry - Holiday) season retail bust. Prepare accordingly.<br>Feb 27, 2014 10:51am EST -- Report as abuse Simplerman wrote: JC Penny will now accept EBT?? What did I miss?<br>Feb 27, 2014 11:35am EST -- Report as abuse TRADEEDGE wrote: Nice so now they will sleep over this again in the name of continuous monitoring till the its too late. <br>Feb 27, 2014 8:34pm EST -- Report as abuse This discussion is now closed. We welcome comments on our articles for a limited period after their publication. See All Comments �<br>
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It involves expertise and knowledge of various tools and technologies used for creating websites. This means you can setup your mailing list and auto-responder on your wordpress site and then you can add your subscription form to any other blog, splash page, capture page or any other site you like. * A community forum for debate of the product together with some other customers in the comments spot. Keep reading for some great Word - Press ideas you can start using today. You can customize the appearance with PSD to Word - Press conversion .
Thus, it is imperative that you must Hire Word - Press Developers who have the expertise and proficiency in delivering theme integration and customization services. Infertility can cause a major setback to the couples due to the inability to conceive. Which is perfect for building a mobile site for business use. You can up your site's rank with the search engines by simply taking a bit of time with your site. For a Wordpress website, you don't need a powerful web hosting account to host your site.
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It has become a more prevalent cause of infertility and the fertility clinic are having more and more couples with infertility problems. But the Joomla was created as the CMS over years of hard work. Websites that do rank highly, do so becaue they use keyword-heavy post titles. There are many advantages of hiring Wordpress developers for Wordpress project development:. Now all you have to do is log into your Word - Press site making use of the very same username and password that you initially had in your previous site.
As a open source platform Wordpress offers distinctive ready to use themes for free along with custom theme support and easy customization. Visit our website to learn more about how you can benefit. In simple words, this step can be interpreted as the planning phase of entire PSD to wordpress conversion process. It is a fact that Smartphone using online customers do not waste much of their time in struggling with drop down menus. As with a terminology, there are many methods to understand how to use the terminology.