Stocks jump as Bernanke sees rates remaining low

NEW YORK -- Reassurance from Federal Reserve Chairman Ben Bernanke that interest rates will stay low lifted stocks after a two-day slide.

Bernanke has sounded an upbeat note about a recovery in the economy Wednesday as part of his semi-annual report to Congress. He says low interest rates are needed to support growth.

Investors want to see low-cost borrowing continue to help revive the economy.

The Dow Jones industrial average is up 92 points at 10,374 after falling 101 Tuesday. The Standard & Poor's 500 index is up 11 at 1,105. The Nasdaq composite has risen 22 to 2,236.

Two stocks rose for every one that fell. Volume totaled 1 billion shares on the New York Stock Exchange, compared with 1.1 billion Tuesday.