S&P 500 index gains 1.4% as Fed boosts hopes

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Source: Dukascopy Bank
S&P 500 index extended gains on Thursday lifted by Fed's officials confirmation the interest rates will stay low. US benchmark index advanced 1.38% or 18.86 points and finished at 1,387.57 with basic materials creating the biggest gains. Google jumped 2.4% as the company reported higher than expected EPS for the 1st quarter. Drug distributor McKesson gained 3.9% after the firm reported a 14-year record high revenue. AT&T  added 1.3% its shares were upgraded by JPMorgan. 

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