Tech stocks lift Wall Street to new highs after Fed’s stimulus comments

Apple, Microsoft, Amazon and Google boost tech-heavy Nasdaq as Dow slows and S&P 500 banking index falls

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Technology stocks have lifted Wall Street to record highs after the US Federal Reserve's dovish comments eased fears of a sudden tapering in monetary stimulus and boosted optimism around an economic recovery.

Apple jumped 2.3% to an all-time high, while Microsoft, Amazon and the Google owner Alphabet, rose between 0.9% and 1.3%, helping the tech-heavy Nasdaq outperform the S&P 500 and the Dow Jones.