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“S&P 500 rises Friday led by Apple, but still heads for fourth-straight down week”

“The market is set to wrap up a roller-coaster week with the S&P 500 headed for its worst month since March 2020. The Dow Jones Industrial Average rose about 220 points, or 0.7%. The S&P 500 ticked up 1.3%. The Nasdaq Composite rose 2.1%, buoyed by Apple’s post-earnings gain.

Shares of Apple rose more than 5% after a stellar quarterly results, providing some stability to the stock averages. The company reported its largest single quarter in terms of revenue ever even amid supply challenges and the lingering effects of the pandemic. Visa also added more than 8% after a strong earnings report. On downside, Chevron shares fell more than 4% after missing Wall Street earnings expectations. Dow component Caterpillar dipped roughly 6% even after it topped profit estimates.”…”

https://www.cnbc.com/2022/01/27/stock-market-futures-open-to-close-new.html

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