Wall Street higher as wage data soothes inflation worries

(Reuters) – U.S. stocks extended gains on Friday, with the Nasdaq touching a record, after data showed strong job additions in February but muted wage growth that indicated a gradual rise in inflation and helped temper expectations of faster interest rate increases.


Source: Reuters

Leave a Reply

Your email address will not be published.

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>