US STOCKS-Wall Street higher but Apple loses ground after event

U.S. stocks rose on Tuesday as investors hoped the Federal Reserve would stick with its supportive policy stance as the central bank’s two-day meeting got underway. The market’s rise was limited as Apple Inc’s shares lost early gains following its rollout of a new virtual fitness service and a bundle of all its subscriptions, Apple One. The S&P 500 technology index was still up 1% and the Nasdaq outperformed the other two major indexes, extending its recovery from a brutal sell-off earlier this month that had halted a Wall Street rally.

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