S&P, Nasdaq hit records on strong retail sales data
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(Reuters) – The S&P and Nasdaq hit record highs at the open on Friday after data showed retail sales surged the most in 2-1/2 years in September, easing doubts over an economy that has been sluggish this year.
The Dow Jones Industrial Average .DJI rose 39.46 points, or 0.17 percent, to 22,880.47. The S&P 500 .SPX gained 4.32 points, or 0.16 percent, to 2,555.25. The Nasdaq Composite .IXIC added 20.57 points, or 0.31 percent, to 6,612.08.
Reporting by Tanya Agrawal; Editing by Savio D’Souza