Wall Street Extends Rally After Fed Decision

BusinessWall Street Extends Rally After Fed DecisionWall Street Extends Rally After Fed DecisionThe Associated PressWall Street has barreled higher, lifting the Dow Jones industrials more than 330 points after the Federal Reserve left interest rates unchanged. (Aug. 5)Wall Street has barreled higher, lifting the Dow Jones industrials more than 330 points after the Federal Reserve left interest rates unchanged. The Dow Jones Industrials closed up 331 points at 11,615. The Standard and Poor's 500 index rose 35 to close at 1,284 and the Nasdaq rose 64 to settle at 2,349. The Fed said "economic activity expanded in the second-quarter" due in part to growth in consumer spending. Wall Street's worries about consumers have contributed to some of its big pullbacks in recent weeks. ___ ___, The Associated Press.