US STOCKS-Wall St adds to gains after Fed vows more support to U.S. economy

Business news

U.S. stocks added to gains on Wednesday after the U.S. Federal Reserve repeated a pledge to use its “full range of tools” to support the economy for as long as it takes to recover from fallout of the pandemic. At the end of its two-day policy meeting the Fed said it maintained its interest rate target range until it is confident the economy has weathered the virus and is on track to achieve its maximum employment and price stability goals.

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