Good US economic data make investors on Wall Street optimistic.
(Photo: Reuters)
new York Easing inflation worries and investors’ joy at the ringing tills at the major credit card providers supported the US stock exchanges on Friday. On the other hand, a fall in the price of the chip manufacturer Intel depressed the mood after a disappointing outlook, while the electric car manufacturer Lucid caused a sensation with a price explosion.
The Dow Jones index of standard values closed 0.1 percent higher at 33,978 points. The tech-heavy Nasdaq advanced 1.0 percent to 11,621 points. The broad S&P 500 gained 0.2 percent to 4070 points.
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