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By Staff Reporters
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The NASDAQ composite booked its best day in more than a week after investors snapped up technology and communications shares on Elon Musk’s disclosure of a large stake in social media platform Twitter Inc. The NASDAQ, Dow industrials and S&P 500 all rose for a second straight trading day.
CITE: https://www.r2library.com/Resource/Title/082610254
What happened:
- The NASDAQ Composite COMP, +1.90% finished up 271.05 points, or 1.9%, at 14,532.55. That’s the largest daily percentage gain since March 24, 2022, according to Dow Jones Market Data.
- The Dow Jones Industrial Average DJIA, +0.30% added 103.61 points or 0.3%, closing at 34,921.88.
- The S&P 500 SPX, +0.81% closed up 36.78 points, or 0.8%, at 4,582.64.
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Filed under: Breaking News, Glossary Terms, Investing | Tagged: DJIA, elon musk, NASDAQ, S&P 500 Index, twitter |
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