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S&P 500, Nasdaq up on earnings


    NEW YORK (Reuters) - The Nasdaq and the S&P 500 rose at the open on Wednesday as continued strong earnings, including from Apple Inc , underscored the growing sense companies were faring well despite the soft patch in the economy.

    The Standard & Poor's 500 Index gained 2.25 points, or 0.17 percent, to 1,328.98. The Nasdaq Composite Index gained 7.47 points, or 0.26 percent, to 2,833.99.

    The Dow Jones industrial average dropped 7.72 points, or 0.06 percent, to 12,579.70 shortly after the open.

    (Reporting by Edward Krudy, Editing by Chizu Nomiyama)