US STOCKS-Wall St gains; S&P set to snap three-week losing streak
(Updates with late afternoon trading)
* Applied Materials soars after forecast, lifting tech
* Deere, Campbell Soup fall after results, outlook
* Investors absorb potential June rate hike after volatile week
* Indexes up: Dow 0.4 pct, S&P 0.61 pct, Nasdaq 1.19 pct
By Lewis Krauskopf
May 20 (Reuters) - Wall Street rallied on Friday, led by tech stocks on the back of Applied Materials' profit forecast, ending a volatile week on a positive note.
The S&P 500 looked set to eke out gains for the week after three straight weeks of losses, with the Nasdaq on pace to snap a four-week losing streak.
The tech sector led the way on Friday, lifted by a higher-than-expected profit forecast from chip company Applied Materials, which rose 13.6 percent. Continuación...