You are here: Home » Reuters » News
Business Standard

Wall Street hits new highs on bank earnings, economic optimism

Reuters  |  NEW YORK 

NEW YORK (Reuters) - Wall Street continued its rally on Friday with record closing highs as fourth-quarter earnings season kicked off with solid results from banks and robust retail sales drove investor optimism about economic growth.The Dow Jones Industrial Average rose 228.46 points, or 0.89 percent, to 25,803.19, the S&P 500 gained 18.67 points, or 0.67 percent, to 2,786.23 and the Nasdaq Composite added 49.29 points, or 0.68 percent, to 7,261.06. (Reporting by Sinead Carew; Editing by Nick Zieminski)(This story has not been edited by Business Standard staff and is auto-generated from a ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Sat, January 13 2018. 02:36 IST
RECOMMENDED FOR YOU