Wall Street today: US Stocks surge on in-line inflation data, Apple gains 2.2%
1 month, 3 weeks ago

Wall Street today: US Stocks surge on in-line inflation data, Apple gains 2.2%

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Wall Street stocks surged on Friday, led by gains in Apple following its upbeat results and on an in-line Federal Reserve-preferred inflation. ET, the Dow Jones Industrial Average rose 115.92 points, or 0.26 per cent, to 44,998.05, the S&P 500 gained 25.98 points, or 0.43 per cent, to 6,097.15, and the Nasdaq Composite gained 160.80 points, or 0.82 per cent, to 19,842.55. At the opening bell, the Dow Jones Industrial Average rose 172.2 points, or 0.38 per cent, to 45054.36. The S&P 500 rose 25.6 points, or 0.42 per cent, to 6096.79​, while the Nasdaq Composite rose 150.6 points, or 0.77 per cent, to 19832.333. Gainers and losers Apple shares rose 2.9 per cent after the iPhone maker reported stronger quarterly profit on Thursday.

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