Dow jumps 135 points to record


Most large technology shares also rose, with Apple, Amazon, Google-parent Alphabet and Microsoft all winning one percent or more.

US stock indexes on Friday closed out what has been a stellar start to a calendar year for equity trading.

"There is optimism that earnings season is going to be relatively good and belief that the overall economy is continuing to get healthier", said Robert Pavlik, chief investment strategist at SlateStone Wealth in NY. "The CPI data that came in is a good level to be in an economy that seems to be expanding".

As the long Q4 earnings season gets underway this morning, records continue to fall, with the Dow up 0.7%, the S&P 500 0.4%, and the Nasdaq 0.5%. The Dow Jones Industrial Average rose by 29 percent last year and the broader S&P 500 rose 22 percent, rare and breath-taking gains that simply can not be repeated every year.

The Nasdaq composite rose 49.28, or 0.7 percent, to 7,261.06.

"Armenpress" reports the value of Dow Jones up by 0.89% to 25803.19 points, S&P 500 up by 0.67% to 2786.24 points, Nasdaq up by 0.68% to 7261.06 points.

The Dow is up 1,083.97 points, or 4.4 percent.

Advancing issues outnumbered decliners on the NYSE by 1,557 to 1,220.