US stocks climb after Musk's Twitter investment | The Guardian Nigeria News - Nigeria and World News

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Billionaire Elon Musk's purchase of a major stake in Twitter added impetus to early trading on Wall Street on Monday, where stocks mostly rose.

Billionaire Elon Musk’s purchase of a major stake in Twitter added impetus to early trading on Wall Street on Monday, where stocks mostly rose.

While the stake is relatively small, and the company itself isn’t weighty enough to move the market on its own, the news has undergirded the Dow and Nasdaq’s upward move, analysts said.

 

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