S&P 500 Rises Above 1,500 as Earnings, Jobs Offset Apple

U.S. stocks rose, briefly sending the Standard & Poor’s 500 Index above 1,500 for the first time since 2007, as an unexpected drop in jobless claims and better- than-forecast earnings offset a slump in Apple Inc. (AAPL) Netflix Inc. (NFLX) surged 38 percent as the world’s largest online-video…

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