US STOCKS-Wall St rallies after BoE governor hints at stimulus

jueves 30 de junio de 2016 13:09 GYT

* BoE Governor Carney hints at monetary stimulus

* Hershey jumps on Mondelez takeover report

* Indexes up: Dow 0.95 pct, S&P 0.87 pct, Nasdaq 0.83 pct (Updates to early afternoon)

By Yashaswini Swamynathan

June 30 (Reuters) - Wall Street rose in afternoon trading on Thursday after Bank of England Governor Mark Carney raised the prospect of an interest rate cut following Britain's vote to leave the European Union.

Carney's comments added more steam to a recovery rally after a two-day post-Brexit carnage that erased about $3 trillion from global markets.

The three major U.S. indexes - all up about 1 percent - have now recouped more than three-quarters of the losses suffered after the vote.

Carney said monetary policy easing would likely be required over the summer and that the BoE had measures in place to prop up the country's economy and its vast banking sector.

"Central banks are doing their best to step in and send stocks higher," said Adam Sarhan, chief executive officer of Sarhan Capital. "I think the Fed is more than ready to follow suit if market conditions worsen."   Continuación...