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Wall Street up 1 percent as Irma, North Korea fears ease


By Sruthi Shankar(Reuters) - Three major U.S. indexes rose more than 1 percent on Monday as Irma's downgrade to a tropical storm eased concerns about its impact on economic growth, and as North Korea refrained from any missile tests over the weekend, as feared.All the 11 major S&P sectors were higher, led by gains in technology and financial stocks, with insurers advancing as Irma's fury petered out.Irma, once ranked as one of the most powerful hurricane recorded in the Atlantic, was downgraded to a tropical storm in the morning, but still caused severe flooding in many Florida cities and ...

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First Published: Mon, September 11 2017. 22:21 IST