You are here: Home » Reuters » News
Business Standard

Wall Street ends up on bull market's birthday; inflation fears ease

Reuters  |  NEW YORK 

(Reuters) - To celebrate the bull market's ninth birthday on Friday, the three ended up more than 1 percent, with the Nasdaq hitting a record high, as February's jobs report assuaged fears of inflation and aggressive interest rate hikes.

The <.DJI> rose 440.46 points, or 1.77 percent, to 25,335.67, the <.SPX> gained 47.53 points, or 1.74 percent, to 2,786.5 and the <.IXIC> added 132.86 points, or 1.79 percent, to 7,560.81.

(Reporting by Caroline Valetkevitch; Editing by Chizu Nomiyama)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, March 10 2018. 02:45 IST