Stocks Rebound from Yellen's "High Valuation" Comment

Prior to the open this morning stock futures were still reeling from Fed Chairperson Janet Yellen's comments yesterday about "high stock valuations.  Initial jobless claims were 15,000 less than the 280,00 forecast.  Stocks opened slightly lower only to be even at about 10:30.  the Dow which at one point in the session was up nearly 120 points managed to close the day with respectable 82 point gain.  It will be interesting to see how the government jobs report compares to ADP's.