In a broadly positive trading session, Qualcomm (NASDAQ:QCOM) Inc. saw its shares climb by 1.24% to reach $114.04 this past Thursday, marking the fourth successive day of gains for the firm. This upward trend occurred in a favorable trading environment, as reflected by the wider performance of the U.S. stock market.
The S&P 500 Index, an indicator of the performance of 500 large companies listed on U.S. stock exchanges, also experienced an uplifting session. The index moved up by 0.84%, settling at 4,505.10 points.
Simultaneously, the Dow Jones Industrial Average, another significant American stock market index representing the value of 30 large, publicly owned U.S. companies, increased by 0.96% to hit 34,907.11 points.
To summarize, Qualcomm's shares advanced in a trading session that also saw gains for both the S&P 500 Index and Dow Jones Industrial Average.
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