Wall Street extends rally on Fed; Rite Aid, Oracle gain - U.S. - TopicsExpress

Wall Street extends rally on Fed; Rite Aid, Oracle gain - U.S. stocks extended strong gains Thursday after the Fed signalled patience with its planned rate hikes yesterday. As of noon in New York, the Dow Jones Industrial Average rose 263 points to 17,620, while the Nasdaq added 73 points to 4,717 and the S&P 500 surged 30 points to 2,043. The Dow closed up 288 points on Wednesday following the Fed statement. Fed chairwoman Janet Yellen said that an interest rate incre... ow.ly/2ShSkr

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