US STOCKS-Dow, S&P edge up, hit intraday records after Yellen comments

martes 24 de febrero de 2015 15:38 GYT

* Fed to consider hikes on "meeting-by-meeting" basis - Yellen

* Home Depot helps lift Dow, S&P after earnings

* S&P/Case-Shiller edges higher in December

* Toll Brothers rises after results

* Indexes up: Dow 0.5 pct, S&P 0.21 pct, Nasdaq 0.03 pct (Adds market update, commentary)

By Sinead Carew

NEW YORK, Feb 24 (Reuters) - U.S. stocks advanced in choppy trading on Tuesday, with the Dow and S&P 500 touching intraday records, as investors attempted to interpret testimony by Federal Reserve Chair Janet Yellen.

As investors sought clues on the timing of the Fed's first interest rate increase since 2006, Yellen told a congressional committee it is preparing to consider hikes "on a meeting by meeting basis," in a subtle change of emphasis.

Equity investors did not react dramatically because they are likely waiting instead for jobs data due out in a week and its implications for the economy, said Jim Paulsen, chief investment officer at Wells Capital Management in Minneapolis.   Continuación...