General
Wall Street Surges 1.18% After US Inflation Data
Wall Street closed the week with a robust performance, buoyed by encouraging US inflation data and cautious optimism surrounding ongoing budget discussions. On Friday, the Dow Jones Industrial Average climbed 1.18%, closing at 42,840.75 points. The Nasdaq Composite followed suit with a 1.03% increase, ending at 19,572.60 points, while the S&P 500 rose 1.09% to close at 5,930 points. These gains highlight a renewed sense of confidence among investors, driven by improving economic indicators and hopes for fiscal stability.
