U.S. stocks closed higher across the board on Wednesday (local time). The Nasdaq Composite gained 1% to close higher, particularly after merger talks between SpaceX and Tesla were made official.



On the New York Stock Exchange, the Dow Jones Industrial Average (Dow) closed up 0.69% from the previous trading session. The S&P 500, which is weighted toward large-cap stocks, rose 0.58%, while the Nasdaq Composite, which is weighted toward technology stocks, gained 1.05% at the close.


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