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Corrected: Wall Street higher as wage data eases inflation fears


(Corrects paragraph 4 to say Art Hogan is from B. Riley FBR, not Wunderlich Securities. Wunderlich Securities is a unit of B. Riley Financial Inc)By Ankur Banerjee and Parikshit Mishra(Reuters) - U.S. stocks gained on Friday after payrolls data showed strong job additions in February, but muted wage growth indicated a gradual rise in inflation that tempered expectations of faster interest rate increases. Nonfarm payrolls jumped by 313,000 jobs last month, the Labor Department said, its biggest increase in more than 1-1/2 years.Average hourly earnings edged up four cents, or 0.1 percent, ...

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First Published: Fri, March 09 2018. 21:31 IST