Business Standard

Wall St. climbs, uncowed by inflation

Image

Reuters

(Reuters) - Wall Street surged on Wednesday as investors shrugged off stronger-than-expected inflation data and snapped up shares of Facebook, Amazon.com and Apple.

The Dow Jones Industrial Average <.DJI> rose 254.38 points, or 1.03 percent, to 24,893.83, the S&P 500 <.SPX> gained 35.72 points, or 1.34 percent, to 2,698.65 and the Nasdaq Composite <.IXIC> added 130.11 points, or 1.86 percent, to 7,143.62.

(Reporting by Noel Randewich; Editing by James Dalgleish)

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Feb 15 2018 | 2:36 AM IST

Explore News