US STOCKS-S&P 500, Dow slide as pandemic nerves offset tech euphoria

Business news

The S&P 500 and Dow slipped on Friday as fears about the economic damage from the COVID-19 pandemic replaced early euphoria from stunning quarterly earnings reports by Apple, and Facebook. Apple Inc surged as much as 7.1% to briefly take over Saudi Aramco as the world’s most valuable public company, as it delivered year-on-year revenue gains across every category and in every geography.

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