US STOCKS-Wall St builds on Fed-fueled rally; Nasdaq hits new high

jueves 22 de septiembre de 2016 14:42 GYT

* S&P set for best two-day run in more than two months

* U.S. jobless claims drop to two-month low

* hits all-time high on analyst report

* Indexes up: Dow 0.39 pct, S&P 0.45 pct, Nasdaq 0.62 pct (Updates to late afternoon)

By Lewis Krauskopf

Sept 22 (Reuters) - U.S. stocks climbed on Thursday, led by big tech names, building on gains from a day earlier that were fueled by the Federal Reserve's decision to stand pat on interest rates.

The S&P 500 was on pace for its best two-day performance in more than two months, while the Nasdaq set a new intraday high.

Fed Chair Janet Yellen said on Wednesday that U.S. growth was looking stronger and rate increases would be needed to keep the economy from overheating and fueling high inflation. But the central bank maintained the low-interest rate environment that has helped underpin the bull market for stocks.

"Lower for longer is a good thing for the equity markets..." said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. "It basically says risk back on."   Continuación...