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S&P 500 has worst day since August; Twitter surges

Twitter shares rise well above expectations

Reuters New York
Last Updated : Nov 08 2013 | 8:29 AM IST

Frenzied buying in Twitter shares grabbed Wall Street's attention on Thursday, as the social media stock surged well above expectations, while major indexes fell, with the S&P 500 suffering its worst daily decline since August.

Based on the latest available results, the Dow Jones industrial average was down 151.30 points, or 0.96%, at 15,595.58. The Standard & Poor's 500 Index was down 23.18 points, or 1.31%, at 1,747.31. The Nasdaq Composite Index was down 74.61 points, or 1.90%, at 3,857.33.

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First Published: Nov 08 2013 | 2:38 AM IST

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