Happy on Wall Street - Klarna surges

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Happy on Wall Street - Klarna surges
Photo: Richard Drew/AP/TT

At the close, the broad S&P 500 index and the Dow Jones industrial average each rose 0.8 percent, while the Nasdaq composite was up 0.9 percent.

Klarna rose 20.3 percent after a report showed that the company is growing faster than expected.

Network giant Cisco also rose, its stock up 13.4 percent after its report.

Semiconductor company Cerebra's first day of trading was a blockbuster, ending nearly 70 percent above the subscription price. Even Nvidia, Cerebra's main competitor and the world's largest company, had no reason to mourn when its stock rose just over 4 percent.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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