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International Business Times

Business

Terry Massey

Wall Street Surges On The Heels Of Positive Inflation Reports

Inflation Dow Jones United States Dow Jones Industrial Average

Wall Street surged Wednesday following back-to-back positive US inflation reports. (Credit: Michael M. Santiago/Getty Images)

Wall Street surged Wednesday in response to a second positive inflation report in as many days, sending the Dow Jones Industrial Average soaring more than 700 points and the S&P 500 to its its best day since November.

The Dow Jones climbed 703.27 points (1.65%) on the day to close at 43,221.55. The S&P 500 rose 1.83% to 5,949.91, and the Nasdaq Composite spiked 2.45% to 19,511.23.

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