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

Twitter shares rise well above expectations

Reuters New York

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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