Wall Street rises on economic data, easing trade worries

NEW YORK, NY - AUGUST 27: The New York Stock Exchange stands on Wall Street on August 27, 2013 in New York City. The Dow Jones Industrial Average fell 170 points on fears of a possible U.S. attack on Syria. (Photo by John Moore/Getty Images)

Wall Street indexes rallied on Wednesday with help from financial stocks as investors eyed strong economic data and trade war fears took a back seat while the Nasdaq registered its third straight record closing high.

The Dow Jones Industrial Average rose 346.41 points, or 1.4 percent, to 25,146.39, the S&P 500 gained 23.55 points, or 0.86 percent, to 2,772.35 and the Nasdaq Composite added 51.38 points, or 0.67 percent, to 7,689.24.

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