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Strong retail sales boost S&P, Nasdaq to record high

The Nasdaq Composite added 20.57 points, or 0.31 percent, to 6,612.08

Reuters 

Nasdaq
A view of the exterior of the Nasdaq market site in the Manhattan borough of New York City, US.

The and hit record highs at the open on Friday after data showed retail sales surged the most in 2-1/2 years in September, easing doubts over an economy that has been sluggish this year.

The Industrial Average rose 39.46 points, or 0.17 percent, to 22,880.47. The 500 gained 4.32 points, or 0.16 percent, to 2,555.25. The Composite added 20.57 points, or 0.31 percent, to 6,612.08.

First Published: Fri, October 13 2017. 20:54 IST
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