U.S. stocks extended gains Thursday, bolstered by reassurance that major central banks weren't on the verge of pulling back from easy-money policies. The Federal Reserve left short-term interest rates unchanged and the Bank of Japan revamped its policy Wednesday, easing investors' concerns that had cropped up in recent weeks about central banks' willingness to support growth. Investors who had waited in anticipation of the Fed's decision felt comfortable about jumping back in again, particularly in interest-rate sensitive stocks, said Mr. Yu. All 11 sectors in the S&P 500 rose Thursday, led by real-estate stocks, which surged 1.6%.
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