As technology firms clawed back some of the ground they had lately lost, major stock indexes on Wall Street had their greatest increases in more than six weeks on Thursday.

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The S&P 500 index gained 2.5%, with nearly 85% of the equities in the benchmark index ending the day higher. The Dow Jones Industrial Average gained 1.8%, while the Nasdaq Composite gained 3.1%.

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The increases reversed the indexes’ weekly losses, but they are still on track for a poor monthly finish after falling for all of April.

This week has been exceptionally tumultuous as investors absorb a slew of corporate earnings from big tech, industrial, and retail businesses.

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The S&P 500 rose 103.54 points to 4,287.50, while the Dow climbed 614.46 points to 33,916.39. The Nasdaq picked up 382.59 points to 12,871.53.

Smaller company stocks also rallied. The Russell 2000 rose 33.91 points, or 1.8%, to 1,917.94.

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Big Tech and communications companies have been behind much of the oscillations in the broader market as their pricey stock values have more force in pushing the major indexes up or down.

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Apple rose 4.5% in regular trading. It rose another 2.3% in after-hours trading after reporting stronger-than-expected results and increasing its dividend and stock repurchase program.

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Chipmaker Qualcomm jumped 9.7% after easily beating Wall Street’s profit estimates. Facebook’s parent company Meta surged 17.6%, the biggest gain among S&P 500 stocks after it beat Wall Street’s first-quarter profit forecasts and reported an encouraging increase in daily users.

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Encouraging financial reports helped support gains for several other major companies. McDonald’s rose 2.9% following a strong earnings update. Southwest Airlines rose 2.1% after reporting solid revenue and telling investors it expects a profitable year as travel demand returns with the pandemic fading.

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Amazon rose 4.7% in regular trading but slumped 10.5% in after-hours trading after the online retail giant reported its first quarterly loss since 2015. The company reported a decline in sales and a huge write-down of its investment in an electric vehicle startup.

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Bond yields gained ground. The yield on the 10-year Treasury rose to 2.83% from 2.81%.