U.S. stocks carried Wednesday's gains into Thursday as investors applauded a Federal Reserve decision to keep benchmark interest rates low for some time to ensure the economy continues to strengthen. U.S. stocks extend gains on Fed language; Dow rises 0.64% U.S. stocks rise on expectations for interest rates to stay low at the close of U.S. trading, the Dow 30 rose 0.64%, the S&P 500 rose 0.49%, while the NASDAQ Composite rose 0.68%. The Federal Reserve on Wednesday said that it will likely close its monthly bond-buying program in October and suggested it will raise interest rates in 2015. The Fed added interest rates will hover just above zero for a "considerable time" after it closes its easing program, but the U.S. central bank also suggested it could begin hiking benchmark borrowing costs faster than anticipated once it decides to start tightening policy.
