S&P 500, Nasdaq end at records, extending Wall Street rally

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Wall Street stocks rocketed higher again on Wednesday (Sep 2) with the Nasdaq ending above 12,000 for the first time as investors shrugged off ...

NEW YORK: Wall Street stocks rocketed higher again on Wednesday with the Nasdaq ending above 12,000 for the first time as investors shrugged off disappointing employment data and a cautious Federal Reserve report.Advertisement

The surge came despite disappointing hiring data from private payrolls firm ADP and a tepid assessment of US economic conditions from the Federal Reserve.

Source: News Formal (newsformal.com)

 

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