Investor PM: Investors wait for Greenspan

Political and economic news ruled the day Thursday as company news was light ahead of the Memorial Day weekend. Investors were also looking forward to a speech from Federal Reserve Chairman Alan Greenspan after the bell.

Political and economic news ruled the day Thursday as company news was light ahead of the Memorial Day weekend. Investors were also looking forward to a speech from Federal Reserve Chairman Alan Greenspan after the bell.

The Nasdaq rose 38.54 points to 2,282.02, and the Dow Jones industrial average was up 16.91 points to 11,122.42.

Investors will be listening for any insight on monetary policy when Greenspan addresses the Economic Club of New York at 8:20 p.m. EDT Thursday. He is scheduled to speak about economic developments. Full story. --Tiffany Kary, ZD Inter@ctive Investor

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