Editor
Wall Street stocks rose at the open on Friday as investor confidence grew that the inflation that has raised the prices for consumer goods has peaked.
The blue-chip S&P 500 share index was up 1.3 per cent while the Nasdaq Composite added 1.7 per cent in New York. Improving investor confidence has put the S&P on track for its first weekly gain in eight weeks, breaking its longest losing streak since 2001. In that period it has slipped…
