Apple and other big U.S. companies reporting fatter profits than expected are helping Wall Street shave off more of its sharp losses from the start of the week on Friday.
The S&P 500 was 0.4% higher in early trading. It’s on track for just a 0.1% weekly loss after tumbling Monday on worries the artificial-intelligence boom that’s sent it to records may not require as much investment as thought. The Dow Jones Industrial Average was up 87 points, or 0.2%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was 0.9% higher.
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