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‘Magnificent Seven’ stocks mostly climb, with big gains for Amazon and Tesla
The “Magnificent Seven” big tech stocks mostly rose on Wednesday afternoon, with Amazon and Tesla leading the gains. The Roundhill Magnificent Seven ETF saw a 1.7% increase, propelled by Amazon’s 3.3% rise and Tesla’s nearly 3% jump. Other stocks in the ETF, except for Alphabet and Apple which traded flat, also posted sharp gains.