Wall St. set for gains as Apple, Boeing take focus off coronavirus


  • World
  • Wednesday, 29 Jan 2020

FILE PHOTO: Trader Michael Urkonis works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 28, 2020. REUTERS/Bryan R Smith

(Reuters) - Wall Street was set to extend its recovery on Wednesday as a surge in shares of Apple and Boeing after their results overshadowed concerns over the economic impact of a fast-spreading coronavirus.

Apple Inc gained 1.9% in premarket trading after reporting earnings for the holiday shopping quarter above analysts' expectations, even as it braced for more supply disruptions in virus-hit China.

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