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Stock Market Today, March 24: Nokia Rises on 5G Momentum and North American Telecom Spending [Yahoo! Finance]
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at $8.25, up 2.36%. The stock moved as investors reacted to [Overnight] pressure in Helsinki trading, while watching 5G momentum and North American telecom spending trends next. The company's trading volume reached 50.5 million shares, coming in nearly 20% above compared with its three-month average of 42.1 million shares. Nokia IPO'd in 1994 and has grown 525% since going public. How the markets moved today S&P 500 (SNPINDEX:^GSPC) slipped 0.36% to 6,557, while the Nasdaq Composite (NASDAQINDEX:^IXIC) fell 0.84% to 21,761.89. Within telecommunications equipment, industry peers Telefonaktiebolaget Lm Ericsson (publ) (NASDAQ:ERIC) closed at $11.46 (+1.24%) and Cisco Systems (NASDAQ:CSCO) finished at $80.86 (+2.59%). What this means for investors Nokia moved higher after earlier weakness in Helsinki trading, with gains supported by improving sentiment across telecom equipment peers following positive signals from competitors. The move reflects how expectations around 5G infras
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