U.S. stocks close higher as Fed policy buoys sentiment

NEW YORK, Sept. 19 (Xinhua) -- U.S. stocks advanced on Friday, with all three major indexes closing at fresh record highs for a second straight session, as investors weighed the continued impact of the Federal Reserve's latest rate cut.

The Dow Jones Industrial Average rose 172.85 points, or 0.37 percent, to 46,315.27. The S&P 500 gained 32.40 points, or 0.49 percent, to 6,664.36. The Nasdaq Composite Index climbed 160.75 points, or 0.72 percent, to 22,631.48.