Wall Street boosted by services data; Apple up 3%

“U.S. stocks gained on Wednesday as a reassuring report on the services sector overshadowed a fresh batch of disappointing corporate profits and outlooks,” Reuters reports.

“Data from the Institute for Supply Management showed the vast service sector shrank again in January but by less than expected, boosting hopes about business and consumer spending,” Reuters reports.

“Investors snapped up shares of big-cap technology companies, including… Apple (AAPL), up more than 3 percent at $95.81,” Reuters reports.

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