US STOCKS-Wall St climbs after Fed stands pat on rates

miércoles 21 de septiembre de 2016 14:57 GYT

* Fed signals it could still tighten by year end

* BOJ adopts target for long-term interest rates

* 10 of 11 S&P sectors in positive territory

* Indexes up: Dow 0.35 pct, S&P 0.5 pct, Nasdaq 0.49 pct (Updates with further market reaction to Fed decision)

By Lewis Krauskopf

Sept 21 (Reuters) - Wall Street tallied gains on Wednesday after the U.S. Federal Reserve's decision to leave interest rates unchanged.

The central bank strongly signaled it could still tighten monetary policy by the end of this year as the labor market improved further. The Fed said U.S. economic activity had picked up and job gains were "solid" in recent months.

Traders generally had not expected the Fed to raise rates, with bets before the meeting of only an 18 percent chance of a hike, according to the CME FedWatch website.

"I don't think anybody is too surprised," said Alan Rechtschaffen, portfolio manager at UBS in New York. "There was some noise that the Fed might surprise the markets, but this Fed doesn't really do that."   Continuación...