functions.php

//* Remove ellipsis (three dots) from excerpts
add_filter( 'excerpt_more', 'sk_remove_excerpts_ellipsis' );
function sk_remove_excerpts_ellipsis( $more ) {
    return '';
}

//* Add Read more link below excerpts
function new_excerpt_more( $more ) {
    return $more . '<a class="more-link" href="'. get_permalink(). '">Read more &raquo;</a>';
}
add_filter( 'the_excerpt', 'new_excerpt_more' );