(Reuters) - Wall Street surged on Wednesday as investors shrugged off stronger-than-expected inflation data and snapped up shares of Facebook, Amazon.com and Apple.
The Dow Jones Industrial Average .DJI rose 254.38 points, or 1.03 percent, to 24,893.83, the S&P 500 .SPX gained 35.72 points, or 1.34 percent, to 2,698.65 and the Nasdaq Composite .IXIC added 130.11 points, or 1.86 percent, to 7,143.62.
Reporting by Noel Randewich; Editing by James Dalgleish