S&P 500 ends at record, shrugging off latest US inflation spike

NEW YORK - Wall Street stocks concluded a strong week on a winning note Friday, with the S&P 500 rocketing to a fresh record despite the latest spike in US consumer prices.

The broad-based S&P 500 piled on 0.9 percent to finish at 4,712.02, eclipsing a record from last month and taking the weekly gains to nearly four percent.

The Dow Jones Industrial Average advanced 0.6 percent to 35,970.99, while the tech-rich Nasdaq Composite Index jumped 0.7 percent to 16,331.98.

AFP