Tech was the story of the day on Tuesday.
Shares of Apple hit an all-time high, leading technology stocks and the broader market higher after the company rolled out new operating systems for its products at its WorldWide Developers Conference.
The moves helped U.S. stocks recover from an overnight scare tied to comments made by White House trade advisor Peter Navarro on Fox News’ “The Story” about the U.S.-China trade deal that suggested the deal was over. Navarro later clarified that his comments were “taken wildly out of context” and “had nothing at all to do with the Phase I trade deal, which continues in place.”
Market watchers, including CNBC’s Jim Cramer, see more runway ahead for certain groups.
Here’s what they said Tuesday: