Stocks cut losses as Apple shares soar 10% to new high on day
Stocks pared losses on Friday as the biggest tech companies and market leaders — Amazon, Apple and Facebook — soared after posting stellar quarterly results. The Dow Jones Industrial Average fell about 70 points as Caterpillar and Chevron led the declines. The 30-stock benchmark dropped 286 points at its low of the day. The S&P 500 last traded …