Wall Street rallies after BoE governor hints at stimulus

By Lewis Krauskopf
(Reuters) – Wall Street posted solid gains for a third straight day on Thursday as Britain’s central bank raised the prospect of stimulus and consumer staples shares gained on news of Mondelez International’s $23 billion bid for Hershey.
The three U.S. indexes were each up at least 1 percent, and have erased the bulk of their losses in the wake of Britain’s shock vote a week ago to leave the European Union that set off the worst two-day decline for Wall