New York, Oct. 25 -- U.S. stocks ended higher on Friday after the release of slightly cooler-than-expected September inflation data.
The Dow Jones Industrial Average rose 472.51 points, or 1.01 percent, to 47,207.12, marking its first-ever close above 47,000. The S&P 500 added 53.25 points, or 0.79 percent, to 6,791.69. The Nasdaq Composite Index increased 263.07 points, or 1.15 percent, to 23,204.87. All three major averages finished at record highs.
Six of the 11 primary S&P 500 sectors advanced, with technology and communication services leading the gainers by rising 1.58 percent and 1.27 percent, respectively. Energy and materials led the laggards by declining 1.01 percent and 0.61 percent, respectively.
The September consumer price ...