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Block Shares Rise 14.35% as Major U.S. Indexes Close Higher

The Dow rose 3.35%, the S&P 500 gained 1.55% and the Nasdaq advanced 0.69%.

Updated 1 min read
Pedestrians pass the New York Stock Exchange on Broad Street in Manhattan / EconoTimes.ai
Pedestrians pass the New York Stock Exchange on Broad Street in Manhattan / EconoTimes.ai

Block advanced 14.35% in Wednesday trading, while each of the three broad U.S. benchmarks posted a gain.

The Dow advanced 3.35%, the S&P 500 gained 1.55% and the Nasdaq rose 0.69%. The Dow had the strongest percentage gain among the three indexes, while the Nasdaq's increase was the smallest.

Riot Platforms gained 9.25%, Microsoft added 6.77% and Amazon rose 6.19%. Among the six individual stocks highlighted in the market update, Block posted the largest increase and Riot ranked second.

SanDisk fell 7.74%, and Micron declined 7.09%, leaving the listed individual stocks with mixed results even as all three indexes advanced.

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