Wall Street ticks up as hawkish Fed fears ebb; Apple weighs

Stocks in the telecom and utilities sectors, seen as proxies for fixed income returns when Treasury yields are expected to remain low, rose sharply after the Fed's announcement. "The big takeaway here is they (the Fed) continued to be positive on the domestic economy," said John Bailer, senior portfolio manager at The Boston Company Asset Management. The technology sector remained the largest weight on the market after Apple slumped more than 6 percent following its first revenue decline in over