Stocks gain ground, Twitter soars on news of Musk stake

Big technology and communications stocks made solid gains and helped lift the broader market in afternoon trading on Wall Street Monday.

The S&P 500 rose 0.5% as of 1:54 p.m. Eastern. The Dow Jones Industrial Average rose 22 points, or 0.1%, to 34,842 and the Nasdaq rose 1.6%.

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