Shares of technology companies rose amid optimism about earnings.
Chipmaker Qualcomm shares fell after its sales missed analysts’ estimates, fueling concerns about iPhone demand.
Apple shares rose in late trading after it posted quarterly earnings ahead of Wall Street targets.
Shares of online megastore Amazon.com rose more than 12% after its earnings report eased fears about the implications of inflation for online retail.
Intel shares fell after its earnings report.
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