Wall Street opens higher, but Twitter plummets as Musk puts his purchase on hold

Wall Street’s main indexes opened higher on Friday, at the end of a week that was marked by growing concerns about tightening monetary policy and slowing economic growth.

The day began with Twitter sinking after Elon Musk put his deal to acquire the company on hold.

At the open, the Dow Jones Industrial Average was up 233.56 points, or 0.74%, at 31,963.86 points.

Meanwhile, the S&P 500 index gained 33.82 points, 0.86%, to 3,963.90 units; and the Nasdaq Composite added 185.01 points, 1.63%, to 11,555.98 units.

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