NEW YORK (Reuters) - Stocks rose on Wednesday ahead of an expected interest-rate cut from the Federal Reserve and after a report showed the economy grew more than expected in the third quarter.

Rate-sensitive shares of financial companies, including JPMorgan Chase and Goldman Sachs , advanced. The S&P financial index rose 0.9 percent.

On the Nasdaq, shares of Web search company Google Inc climbed to a record $704.79 before trading at $700.03, up 0.8 percent.

The Fed's Open Market Committee is expected to issue its decision at 2:15 p.m. EDT.

Government data showed gross domestic product expanded at an annual rate of 3.9 percent -- its fastest rate during the third quarter since the beginning of 2006.

The Dow Jones industrial average was up 69.66 points, or 0.51 percent, at 13,862.13.


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