All three major US stock indexes ended the session in the black, with the Nasdaq showing its fifth straight advance, the Dow posting its best day in over a month and the benchmark S&P 500 closing less than 3 percent below its all-time high set in September.
On Wednesday, the Fed surprised investors with a policy statement that was more dovish than expected, as it anticipated no further interest rate hikes this year due to signs of softness in the US economy.
Apple Inc led the tech sector's advance, rising 3.7 percent ahead of the company's expected streaming service debut next week.
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