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Taylor Swift engagement sends Signet Jewelers stock up

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Taylor Swift has a way of moving markets.

In announcing her engagement yesterday with Kansas City Chiefs tight end Travis Kelce, Swift had a stock market impact.

CNBC reports that Signet Jewelers shares popped immediately after the announcement. The engagement post included photos featuring an engagement ring that has been described as "cushion cut," and Signet is one of the few jewelers that trades on major exchanges.

Read more from CNBC.

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