US STOCKS-Wall St surges for second day on strong GDP data
* Indexes poised for biggest 2-day gain since 2009
* 2nd-qtr GDP rose 3.7 pct vs earlier reading of 2.3 pct
* All 10 S&P sectors higher; led by energy
* Indexes up: Dow 2.26 pct, S&P 2.43 pct, Nasdaq 2.48 pct (Adds details, updates prices)
By Tanya Agrawal
Aug 27 (Reuters) - U.S. stocks extended their rally on Thursday, raising hopes that the worst of Wall Street's recent turmoil was behind it, after further evidence that the economy was on a solid footing.
The three major indexes were up more than 2 percent in early afternoon trading and were poised for their biggest two-day gain since 2009.
Data showed that the U.S. economy grew 3.7 percent in the second quarter - better than expected and much faster than the previous estimate of 2.3 percent.
Signs that the market was stabilizing rekindled expectations of an interest rate increase this year but interest rate swap rates indicated only a 25 percent chance of a hike next month. Continuación...