Wall Street rallies as inflation fears ebb; Apple hits record high


By April JoynerNEW YORK (Reuters) - The three major U.S. stock indexes rose more than 1 percent on Friday after weaker-than-expected U.S.

wage growth helped to calm investor fears about rising interest rates and inflation, though the S&P 500 and Dow Industrials still posted losses for the week.Apple Inc provided the biggest boost as it jumped to a record high of $184.25 during the session after Warren Buffett's Berkshire Hathaway Inc disclosed that it had raised its stake in the iPhone maker.Apple shares ended Friday's session up 3.9 percent.....

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