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February 3, 2023

Facebook leads tech surge

By STAN CHOE
AP Business Writer

NEW YORK — Wall Street's bang to start the year got even bigger Thursday, as tech stocks and a surge for Facebook's parent company led the market higher.

The S&P 500 rallied 1.5% a day after hitting its best level since August. The Nasdaq composite soared 3.3%, while the Dow Jones Industrial Average lagged because it has less of an emphasis on tech. It slipped 39 points, or 0.1%.


 
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