Saturday, May 5, 2018

Wall St. rallies as inflation fears ebb; Apple hits record high

The three major U.S. stock indexes rose more than 1 percent on Friday after weaker-than-expected U.S. wage growth helped to calm investor fears about rising interest rates and inflation, though the S&P 500 and Dow Industrials still posted losses for the week. ) provided the biggest boost as it jumped to a record high of $184.25 during the session after Warren Buffett's Berkshire Hathaway Inc in New York, U.S., May 3, 2018.

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