Thursday, May 26, 2022

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Major US stocks register gain

The major US stocks gained yesterday. The Nasdaq reached an all-time closing high as sentiment was boosted by full FDA approval of a COVID-19 vaccine.

The Investors also awaited the Jackson Hole Symposium expected to convene later this week.

The Dow Jones Industrial Average gained 0.6 percent and the S&P 500 climbed 0.9 percent and the Nasdaq Composite index surged 1.6 percent.

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