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NEW YORK, May 14 (Reuters) - Wall Street ended higher at the close of a broad rally, an upbeat conclusion to whipsaw week of buying and selling as signs of a rebounding economy did battle with mounting inflation jitters.
All three major U.S. indexes built on Thursday’s gains, which saw S&P 500 notch its biggest one-day percentage bump in over a month.
“Today ‘everything is going up day’ because everyone is buying,” said Chuck Carlson, senior vice president at Wealthspire Advisors, in New York. “It’s a ‘buy everything’ day.”