Closing Bell: Dick's Climbs on Golfsmith Bankruptcy; U.S. Stocks Rally

U.S. stocks rallied after a series of data points reduced the chances of a rate hike when Federal Reserve members meet next week. Apple  (AAPL) - Get Report also pulled stocks higher for another day in a row as investors bet big on its iPhone 7 performance. Dick's Sporting Goods  (DKS) - Get Report climbed to a record close after Golfsmith filed for bankruptcy. Deutsche Bank said in a note that its rival sport retailer's bankruptcy would be "an incremental positive." Walt Disney (DIS) - Get Report shares did not join in on the rally, hovering near flat, after analysts at BTIG Research raised concerns over the impact of Zika on Disney World attendance. CEO Bob Iger said last month that Disney had not seen an impact from the epidemic. Symantec  (SYMC) - Get Report climbed after Guggenheim initiated coverage with a BUY rating. Analysts pointed to an attractive valuation as well as opportunities stemming from its recent purchase of networks company Blue Coat Systems. TheStreet's Keris Lahiff reports from Wall Street.