US STOCKS-Wall St climbs on oil boost in wake of Fed statement

jueves 18 de diciembre de 2014 11:03 GYT
 

* Brent crude climbs over $63 a barrel

* Initial claims point to strengthening labor market

* Oracle up in premarket after results

* Indexes up: Dow 1.3 pct, S&P 1.34 pct, Nasdaq 1.33 pct (Updates to open, adds Markit data)

By Chuck Mikolajczak

NEW YORK, Dec 18 (Reuters) - U.S. stocks rose on Thursday, with each of the major indexes climbing more than 1 percent, building on the prior session's rally after the U.S. Federal Reserve's policy statement and oil prices that showed signs of steadying.

The benchmark S&P 500 index had notched its best day since October 2013 on Wednesday after the Federal Reserve gave an upbeat assessment of the U.S. economy and said it would take a patient approach toward raising interest rates.

"The bottom line is a June (rate hike) is still in play and even doves need to tighten at some point when the numbers start looking good," said James Liu, global market strategist at JPMorgan Funds in Chicago.

"The economy is improving, things are picking up, they need to get the ball rolling on this."   Continuación...