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Nasdaq Ends Up 1%+; Apple Soars 5% Leading Mkt; Shopify Surges 22% Outrunning
The market eyed on the latest batch of US corporate earnings, with the Nasdaq outrunning the three major US stock indices on Wednesday. The Nasdaq leaped 252 points or 1.2%, ending at 21,169; the S&P 500 closed up 45 points or 0.7%, at 6,345; and the DJIA added 81 points or 0.2%, finishing at 44,193.

The White House is reportedly set to announce after market close a US$100 billion reinvestment in the US alongside Apple (AAPL.US). Besides, Apple is reportedly not immensely impacted by India's new tariffs. The stock jumped up 5% at close.

Stocks that had delivered results continued to be the market's focus. Snap (SNAP.US) reported 2Q average revenue per user below expectations, with its stock price diving 17%. Shopify (SHOP.US) beat forecast with its third-quarter guidance, with its stock price soaring 22%, making it the top performer among Nasdaq 100 constituents.
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