US STOCKS-Wall St higher as tech, energy gain; Fed in focus

miércoles 21 de septiembre de 2016 11:27 GYT

* Fed statement on monetary policy due 2:00 p.m. ET

* BOJ adopts target for long-term interest rates

* Microsoft rises on share buyback program

* Indexes up: Dow 0.32 pct, S&P 0.38 pct, Nasdaq 0.35 pct (Adds details, comments, updates prices)

By Yashaswini Swamynathan

Sept 21 (Reuters) - Wall Street rose on Wednesday, helped by gains in technology and energy stocks, ahead of the Federal Reserve's decision later in the day.

The Fed is scheduled to release a statement at 2:00 p.m. ET, followed by Chair Janet Yellen's press conference. While the chances of a hike are marginal this time, investors will comb the central bank's statements for clues about a December hike.

U.S. stocks were also supported by the Bank of Japan's surprise decision to adopt a "yield curve control" under which it will buy long-term government bonds to keep 10-year bond yields at current levels around zero percent.

The BOJ also said it would not hesitate to ease monetary policy to support growth.   Continuación...