US STOCKS-Wall St rally fades late after Fed; Cisco up late
* Investors eye FOMC statement on rates and economy
* Healthcare jumps after election results
* Cisco climbs in extended trade after results
* Dow up 0.3 pct, S&P up 0.1 pct, Nasdaq off 0.1 pct
* For up-to-the-minute market news, click [STXNEWS/US] (Adds Cisco's gain following earnings after the bell)
By Chuck Mikolajczak
NEW YORK, Nov 4 (Reuters) - U.S. stocks rallied but lost steam on Wednesday after the Federal Reserve said it would keep rates near zero for "an extended period" even as it expressed confidence in the economic recovery.
Stocks pushed higher in the hour following the FOMC statement, after the Fed kept its benchmark federal funds rate unchanged in a range of zero to 0.25 percent. For details, see [ID:nN04453484] The S&P 500 rose as high as 1,061.00 and the Nasdaq touched 2,081.00. Continued...
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