Sunday, January 04, 2026 | 10:14 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

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

Image

Reuters NEW YORK

NEW YORK (Reuters) - To celebrate the bull market's ninth birthday on Friday, the three major U.S. stock indexes 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 Dow Jones Industrial Average <.DJI> rose 440.46 points, or 1.77 percent, to 25,335.67, the S&P 500 <.SPX> gained 47.53 points, or 1.74 percent, to 2,786.5 and the Nasdaq Composite <.IXIC> added 132.86 points, or 1.79 percent, to 7,560.81.

(Reporting by Caroline Valetkevitch; Editing by Chizu Nomiyama)

 

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: Mar 10 2018 | 2:45 AM IST

Explore News