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U.S. stocks edged higher in early trading Wednesday as investors drew encouragement from news that the Federal Reserve will be more cautious about raising interest rates. Federal Reserve Chair Janet Yellen, delivering her semiannual report to Congress, said the Fed would likely move slower to raise rates if the economy disappoints. Health care and technology stocks were among the biggest gainers.
German investigators scrambled Wednesday to determine what caused a train crash that killed 10 people, warning it was too early to draw conclusions as media reports claimed human error was to blame. Two trains travelling at high speed crashed head-on Tuesday, in one of Germany's deadliest accidents in years, with one slicing the other apart, ripping a large gash in its side.