Trader Vincent Napolitano works on the floor of the New York Stock Exchange, Tuesday, July 29, 2025. (AP Photo/Richard Drew)

NEW YORK (AP) — A rally for Apple led Wall Street higher on Wednesday as U.S. stocks reclaimed more of their sharp losses from last week.

The S&P 500 rose 0.7%. The Dow Jones Industrial Average added 81 points, or 0.2%, and the Nasdaq composite climbed 1.2%.

Apple alone accounted for more than a third of the S&P 500’s gain. It rose 5.1% ahead of a White House event where it was expected to announced an increase to its U.S. investments of an additional $100 billion over the next four years.

Trading elsewhere on Wall Street was mixed following a jumble of profit reports. McDonald’s and Shopify rose following their latest updates, while Super Micro Computer tumbled

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