S&P 500 Erases Loss as Apple Recovers From Earlier Declines

The Standard & Poor’s 500 Index erased an earlier loss after Apple Inc. rebounded from declines, pulling technology shares higher.

The S&P 500 was little changed at 1,444.53 at 3:46 p.m. New York time, after tumbling as much as 0.4 percent earlier. Apple rose 0.2 percent, reversing a loss of 1.3 percent.

U.S. stocks fell earlier after Spanish Prime Minister Mariano Rajoy said a request for rescue funds is not imminent.

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