Communication services stocks elevate Wall Street

By Noel Randewich (Reuters) - Wall Street climbed on Thursday, helped by gains in Apple, Alphabet and Facebook, as well as the U.S. Federal Reserve's confidence in the strength of the economy after it raised rates for the third time this year. Eight out of 11 sectors rose, with the S&P 500 communication services index , recently renamed and reconstituted with Facebook , Google-parent Alphabet and other internet and media stocks, jumping 0.80 percent

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