Stocks rebounded slightly, with Apple hitting a record high.
Stocks finished slightly higher on Wednesday as rallying tech shares helped offset investor concerns about the surge in coronavirus cases across the country derailing an economic recovery.
“June was the month when the virus came back, despite the past improvement. July will be the month when we see just how bad that damage has been—and whether the secondary outbreaks will be contained without derailing the recovery,” says Brad McMillan, chief investment officer for Commonwealth Financial Network.