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The S&P 500 Is Up for the First Time in Five Sessions
Major averages turn higher, S&P 500 up for the first time in five sessions. Investors pricing in possibility of a 2023 recession as US banking heads sound alarm on New Year's economic outlook. Apple shares trying to bounce after a 2.5% loss in Tuesday's session due to sales concerns. Reports also say Apple will delay the rollout of its Apple car until 2026 - that would be a year later than currently expected.