US STOCKS-Wall Street chalks up biggest gain in four years

miércoles 26 de agosto de 2015 16:33 GYT

* Market ends six-day losing streak

* Fed's Dudley says Sept rate hike "less compelling"

* Google gains after Goldman raises rating

* Indexes closes up: Dow 3.95 pct, S&P 3.9 pct, Nasdaq 4.24 pct (Adds detail on close, comment)

By Noel Randewich

Aug 26 (Reuters) - Wall Street racked up its biggest one-day gain in four years on Wednesday as fears about China's economy gave way to bargain hunters emboldened by expectations the U.S. Federal Reserve might not raise interest rates next month.

Led by Silicon Valley stalwarts Apple, Amazon and Google, the surge put the brakes on a six-day losing streak that saw the S&P 500 surrender 11 percent.

In a sign that a faltering Chinese economy and slumping global financial markets could affect U.S. monetary policy, New York Fed President William Dudley said the prospect of a September rate hike seemed "less compelling" than it was just weeks ago.

All 10 major S&P 500 sectors jumped, led by a dizzying 5.3 percent jump in the technology index, its largest one-day rise since 2009.   Continuación...