Apple Rally Masks Latest Weakness in U.S. Stock Indexes: Chart

By
John Hyland

U.S. stocks showed some signs of stabilizing Wednesday, though it took a rally in the world’s most valuable company to prevent deeper losses. Apple Inc. surged 3.5 percent to a five-month high, adding 2.41 points to the S&P 500 Index. The benchmark for American equity closed lower by 1.25 points, or 0.1 percent, after erasing morning gains when a selloff in energy shares spread to the broader market.

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