Word Pairs


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Stock prices rose [shapely / sharply] on Monday led by shares in technology giants. This caused the Dow Jones Industrial Average to rise by 353 points, or 1.2 per cent. Other financial [indications / indicators] also saw gains, with the Nasdaq Composite [advancement / advancing] 2.9 per cent and the S&P 500 rising 1.9 per cent. The [three / thrice] indices are the most-followed stock markets in the United States. A [quay / key] performer on Monday was Apple, which [soared / spiralled] an impressive six per cent. Analysts say this was on the back [of / off] investors anticipating the tech giant to unveil its first 5G smartphone [latter / later] this week. Other tech giants [flared / fared] well. Facebook, Amazon and Microsoft jumped 5.3 per cent, 5.2 per cent and 3.5 per cent [respectively / retrospectively] .

Trading on Wall Street on Monday saw its [baste / best] performance in three months. [Confidence / Confident] among investors continues to be [strength / strong] , despite the economic [ravages / ravines] created by the coronavirus pandemic. Analysts say the strength of tech companies is largely responsible for the [bullet / bullish] markets. Most of these companies have proved largely [immune / immunity] to the economic downturn experienced this year. Sales and use of many of their [produce / products] and services have skyrocketed as people stay at home and become more [dependent / repellant] on the Internet. Energy stocks were the only [stragglers / hagglers] on Monday. Their prices dropped after an unexpected fall in U.S. [vulgar / crude] oil prices.

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