S&P 500 Index Rises for First Time in Five Sessions; Apple Falls
- Apple leads tech shares lower on iPhone demand concerns
- Homebuilders rally after D.R. Horton's profit beats estimates
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U.S. stocks were little changed, with the Standard & Poor’s 500 Index ending a four-day losing streak, as investors weighed the extent of the autumn rally in equities and the odds of higher interest rates in December.
Health-care and consumer shares bounced after equities’ steepest decline in six weeks, offsetting a slide in Apple Inc. that weighed on the technology group and a retreat among raw-materials shares amid fresh signs of weakness in China.