US STOCKS-Wall St up as chances of Sept rate hike recede

miércoles 26 de agosto de 2015 14:26 GYT

* All major S&P sectors up

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

* Google gains after Goldman raises rating

* Cameron International soars on Schlumberger deal

* Indexes up: Dow 1.82 pct, S&P 1.75 pct, Nasdaq 1.86 pct (Updates to mid-afternoon)

By Tanya Agrawal and Sweta Singh

Aug 26 (Reuters) - U.S. stocks were up almost 2 percent in choppy afternoon trading on Wednesday after a top Federal Reserve official said global market turmoil made the case for a September interest rate hike was "less compelling".

New York Fed President William Dudley's remarks were the clearest indication yet that market ructions caused by fears of an economic slowdown in China could affect U.S. monetary policy.

All 10 major S&P 500 sectors were up, led by the technology index's 2.64 percent gain, raising hopes that Wall Street could snap its six-day losing streak.   Continuación...