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US STOCKS-Wall St rises on solid data; investors eye Fed

Wed Nov 4, 2009 11:50pm IST
 
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* Investors eye FOMC statement on rates and economy

* Healthcare stocks gain on possible reform delay

* Services sector up for second month in a row

* Dow up 1.2 pct, S&P up 1 pct, Nasdaq up 0.7 pct

* For up-to-the-minute market news, click [STXNEWS/US] (Updates to midday)

By Angela Moon

NEW YORK, Nov 4 (Reuters) - U.S. stocks climbed on Wednesday on positive data about the services sector and employment, while investors awaited the Fed's assessment of the economic recovery.

Gains were broad-based, with the healthcare sector jumping on hopes the Obama administration's healthcare reforms may be delayed after Republicans scored some key election victories.  Continued...

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