Wall Street closed higher on Friday buoyed by Fed Chairman’s speech on the previous day and better-than-expected economic data. All three major stock indexes ended in the green. For the week as a whole, U.S. stock markets witnessed impressive rally.
How Did The Benchmarks Perform?
The Dow Jones Industrial Average (DJI) rose 0.6% or 161.60 points to close at 28,653.87.73, maintaining its winning streak for three successive days. Notably, 21 components of the 30-stock index ended in the green while 9 finished in red. The blue-chip index closed in positive territory year to date for the first time since Feb