Shares of technology companies rose after a surprisingly strong earnings report from Apple.
Shares of the world's largest company by market capitalization rose by more than 5% after it posted robust fourth-quarter sales growth, avoiding the pitfalls of supply-chain issues that snarled some rivals' deliveries.
Chief Executive Tim Cook also forecast less impact from supply-chain issues in the current quarter.
Shopify denied that it is liable for alleged copyright and trademark infringement by online sellers using its platform, responding to a lawsuit filed by textbook publishers.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
01-28-22 1716ET
