Apple surges after the US delays tariffs on cellphones and laptops (AAPL)

Shares of Apple spiked as much as 6% on Tuesday as part of a market-wide rally in major US stock indexes.
The gains came after the Trump administration announced plans to delay planned tariffs until December on numerous Chinese goods including cellphones and laptops.
Investors and analysts have been concerned about Apple's vulnerability to the coming tariffs because of the company's reliance on Chinese manufacturing for iPhones and iPads.
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Apple's stock soared as much as 6