Indexes close up more than 1% as investors assess Fed news
Sept 23 - U.S. stocks gained more than 1% on Thursday as investors appeared relieved about the Federal Reserve's stance on tapering stimulus and raising interest rates.Upbeat outlooks from Accenture and Salesforce helped to bolster the market, while the U.S. Food and Drug Administration late Wednesday authorized a booster dose of the Pfizer-BioNTech COVID-19 vaccine for those 65 and older.Also helping sentiment, concern about a ripple effect from China Evergrande continued to ease.The Fed said
Some of the stocks that may grab investor focus today are:
Wall Street expects Oracle Corporation (NYSE: ORCL) to report quarterly earnings at $0.97 per share on revenue of $9.77 billion after the closing bell. Oracle shares fell 0.1% to $89.64 in after-hours trading.