Equities on Wall Street end in positive

Stocks in the US moved sharply lower early in the session following US inflation report on Wednesday but showed a substantial turnaround over the course of the trading day. By the end of day, the Nasdaq surged 369.65 points or 2.2 percent to 17,395.53. The S&P 500 also jumped 58.61 points or 1.1 percent to 5,554.13, while the Dow rose 124.75 points or 0.3 percent to 40,861.71.