NEW YORK (Reuters) - To celebrate the bull market's ninth birthday on Friday, the three major U.S. stock indexes ended up more than 1 percent, with the Nasdaq hitting a record high, as February's jobs report assuaged fears of inflation and aggressive interest rate hikes.
The Dow Jones Industrial Average <.DJI> rose 440.46 points, or 1.77 percent, to 25,335.67, the S&P 500 <.SPX> gained 47.53 points, or 1.74 percent, to 2,786.5 and the Nasdaq Composite <.IXIC> added 132.86 points, or 1.79 percent, to 7,560.81.
(Reporting by Caroline Valetkevitch; Editing by Chizu Nomiyama)
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
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