The New York stock market ended with a strong rise for the second day in a row, which contributed to the fall in bond yields, while Elon Musk’s renewed interest in Twitter revived the session, writes AFP.
The Dow Jones gained 2.80%, the Nasdaq rose 3.34% and the broader S&P 500 gained 3.06%.
In two days, the indices recovered by more than 5% after the disastrous September.
Shares of Twitter were suspended on the New York Stock Exchange on Tuesday “pending further information” after Bloomberg reported a possible new offer to buy Elon Musk’s social network at a price initially agreed in April, writes AFP.
The stock was initially suspended for five minutes and the stock price rose 18% before being halted again.
Source: Hot News RO
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