US STOCKS-Wall St up 1 pct as Yellen keeps Fed policy intact

martes 11 de febrero de 2014 14:40 GYT

* All 10 S&P sectors rally after Yellen statement

* House Republicans aim to pass debt limit bill

* Sprint and CVS climb after results, Dean Foods down

* Indexes up: Dow 1.2 pct, S&P 1 pct, Nasdaq 1 pct

By Ryan Vlastelica

NEW YORK, Feb 11 (Reuters) - U.S. stocks rose 1 percent in a broad rally on Tuesday, with investors relieved the Federal Reserve wouldn't make any changes to its schedule for trimming its market-friendly stimulus.

All 10 S&P sectors rose on the day, with most climbing more than 1 percent. The benchmark index is now 1.6 percent away from its record closing high, recovering much of its recent weakness, which took the index down as much as 6 percent.

In her first public comments as Fed chief, Chair Janet Yellen emphasized continuity in the central bank's policy strategy of cutting asset purchases by $10 billion a month, saying she strongly supports the approach of her predecessor, Ben Bernanke.

Yellen also said that while the unemployment rate has fallen recently, labor market conditions needed to improve further.   Continuación...