Twitter shares are trading sharply on Wall Street in the face of the imminent purchase of Elon Musk

Despite the rise in the social network, the main indexes of the New York stock exchange recorded losses in the first negotiations of the day

FILE PHOTO: Elon Musk's twitter account is seen on a smartphone in front of the Twitter logo in this photo illustration taken, April 15, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

Twitter shares rose at the opening of Wall Street operations on Monday amid reports that the company will soon accept the offer of acquisition of Elon Musk. However, the indices generally fell.

Approximately 10 minutes after trading, Twitter shares were trading 3.7 percent higher.

However, the technology-rich Nasdaq composite index lost 0.5 percent and the broad-based S&P 500 lost 1.18 percent.

The benchmark Dow Jones industrial average fell by 1 percent.

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