An Apple logo hangs above the entrance to the Apple store on 5th Avenue in the Manhattan borough of New York City, July 21, 2015. REUTERS/Mike Segar/File Photo
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U.S. stock index futures edged lower Thursday, as the effect of higher oil prices was offset by declines in chipmakers, following a weak forecast from Taiwan Semiconductor, the world's largest contract chipmaker.Shares of Apple were also off 1.3 percent in premarket trading. Of the 52 companies among the S&P 500 that have reported first-quarter earnings through Wednesday, 78.8 percent topped profit expectations, according to Thomson Reuters data.Overall profits at S&P 500 companies is expected to have increased 19.4 percent in the first quarter, the biggest in seven years.
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