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Wall Street wavers as tech gives ground and industrials rebound

Updated : January 30, 2019 06:21 AM IST

Apple Inc jumped 4 percent in extended trade after the iPhone maker posted quarterly results following its warning earlier this month that revenue would be less than previously expected due to softness in China, whose economy has been damaged by a trade war with the United States.
Apple's stock had fallen 1.04 percent during the trading session, and its rebound after the bell helped push S&P 500 futures up 0.2 percent, suggesting Wall Street could open in positive territory on Wednesday.
After raising rates gradually last year, the US Federal Reserve is taking a wait-and-see approach to further tightening in the face of an overseas slowdown and market volatility.
Wall Street wavers as tech gives ground and industrials rebound

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