Wall Street's main indexes rose on Tuesday on gains in Apple and healthcare stocks, even though concerns around a surge in the Delta variant of the coronavirus took some shine off an upbeat corporate earnings season.
rebounding after getting hit by a dip in oil prices .
“We've been dealing with a tug of war between what has been a very strong economic recovery consistent with the reopening and that's playing out through corporate earnings," said Bill Northey, senior investment director at U.S. Bank Wealth Management in Minneapolis. He also noted "concerns about the renewed mitigation efforts that are being put in place around the new variants to the COVID-19 virus.
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