U.S. Legislation targets one of the most popular social media apps
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The stock market experienced a significant boost yesterday with the Dow Jones Industrial Average rising by 200 points. This upward trend was driven by strong performances from technology and healthcare companies. Amazon and Apple both saw their stock prices rise by over 3%. Investors were optimistic about the progress of the US economic recovery and the potential for further stimulus measures. Meanwhile, the Federal Reserve maintained its accommodative stance, keeping interest rates low. Overall, the market showed resilience despite concerns over inflation and rising bond yields.