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The health care sector bounced back from a plunge a day earlier.

The Federal Reserve’s decision on Thursday to keep short-term rates steady sparked the latest round of selling. “What struck me about [the Fed’s statement] was the reference to what was going on globally”.

This time, there was no retreat.

But last year’s flagship smartphone launch wasn’t all that flawless from Apple, even though the company’s improved revenues might convince us otherwise. Apple’s current market cap stands at $674.02 billion. There are other wearables in the market, but...