US Stocks Close Higher, Buoyed By Retail Data
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2018-02-15 HKT 05:27
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Wall Street finished solidly higher on Wednesday, rising for a fourth straight session, after weak retail sales data offset investors’ concerns over a jump in inflation.
Bank stocks rose, as did technology, industrial and consumer-focused companies.
The Dow Jones Industrial Average ended at 24,893, up 1.0 percent.
The S&P 500 gained 1.4 percent to end at 2,698, while the Nasdaq Composite Index jumped 1.9 percent to 7,143. (AFP, AP)
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