Investors pull back after Fed announcement

? Wall Street’s appetite for stocks remained steady Tuesday after the Federal Reserve left interest rates unchanged for the time being but indicated that an increase was possible later this year.

Stocks ended the session higher despite a pullback from an earlier rally. Analysts attributed the muted response to the fact the Fed move had been widely anticipated.

The Dow Jones industrial average closed up 57.50, or 0.5 percent, at 10,635.25, after rallying as much as 95 points. It was the Dow’s highest close this year  3 points above its previous high of 10,632.35 on March 12. Broader stock indicators also advanced.

In trading, Goldman Sachs rose $1.85 to $91.05 after reporting first-quarter results well above analysts’ expectations.

Procter & Gamble advanced $2.28 to $89.94 after it boosted its forecast for the third quarter and fiscal year.

Tech stocks were more mixed. Intel rose 10 cents to $31.72, while Nokia dropped 68 cents to $21.73.