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Business News » World News

S&P, Nasdaq hit records on strong retail sales data

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Updated: Fri, Oct 13, 2017
07:22 pm
Reuters
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Expert Views: BIG! India's retail inflation eases to 4.59% in December Expert Views: BIG! India's retail inflation eases to 4.59% in December

The S&P and Nasdaq hit record highs at the open on Friday after data showed retail sales surged the most in 2-1/2 years in September, easing doubts over an economy that has been sluggish this year.

The Dow Jones Industrial Average rose 39.46 points, or 0.17 percent, to 22,880.47. The S&P 500 gained 4.32 points, or 0.16 percent, to 2,555.25. The Nasdaq Composite added 20.57 points, or 0.31 percent, to 6,612.08.

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)

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