US STOCKS-Wall St bounces back with Apple; biotechs a boost

jueves 10 de septiembre de 2015 15:15 GYT
 

* Earnings won't grow as much as expected - David Tepper to CNBC

* Apple biggest boost on the three major indexes

* Krispy Kreme falls after cutting forecast

* Indexes up: Dow 0.4 pct, S&P 0.4 pct, Nasdaq 0.6 pct (Updates to late afternoon, changes byline)

By Caroline Valetkevitch

Sept 10 (Reuters) - U.S. stocks climbed late on Thursday afternoon, bouncing back with Apple shares from losses the day before, but nervousness was high ahead of a much-anticipated Federal Reserve meeting next week.

Apple's shares rose 2.5 percent to $112.91, rebounding from losses the day before when the iPhone and iPad maker unveiled new offerings.

Biotech shares also boosted the market, with Gilead up 3.9 percent at $107.83, giving the second-biggest boost to the S&P 500 and Nasdaq after Apple. The Nasdaq biotechnology index was up 2.2 percent.

The day's gains follow 1-percent declines on Wednesday and weeks of volatility largely tied to worries about a slowdown in Chinese growth and its impact on the global economy. Investors also have been nervous about next week's Fed meeting and whether the central bank will decide to raise interest rates.   Continuación...