Elon pumps the brakes on his Twitter buy. And Americans aren’t feeling so great about the economy. Friday the 13th did not scare investors, as the markets all responded with big gains after a brutal week.

The Dow gained 466, or 1.5%, to close at 32,196.
The Nasdaq jumped 434, almost 4%.
The S&P advanced 93 points, about 2.3%.

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Elon Musk says his $44 billion deal to buy Twitter is temporarily on hold. He says there could be too many spam or fake accounts. Twitter stock dropped 10% on the news. Musk would owe Twitter a billion dollars if he canceled the deal.

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How are you feeling about the economy these days? Consumer sentiment dropped 9% between April and May, meaning Americans are feeling worse about how things are going… with inflation remaining near a 40-year high.

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Shares of the investing app Robinhood jumped 24% after the CEO of crypto exchange “FTX” bought 7.6% of the company. The price – $648 million. It comes after Robinhood stock hit an all-time low just this week.

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From Los Angeles, I’m Brian Martin with your BEONDTV After the Bell report.