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Markets Live Recap: Stocks Today Inched Higher Thanks to Apple

Stocks traded lower to start the week as investors assessed an uptick in coronavirus cases and the pace of the economic recovery.

Shares of American Airlines Group Inc. (NASDAQ: AAL) were 6% lower after the company said it was seeing an additional $3.5 billion in new financing to improve the airlines liquidity as it grapples with travel restrictions caused by the coronavirus.

Apple Inc. (NASDAQ: AAPL) dropped over the weekend after the company announced plans to shut down stores in Florida, North Carolina, South Carolina, and Arizona upon rising levels of COVID-19 in these states. But after announcing it would ditch Intel Corp. (NASDAQ: INTC) to produce its own chips, the stock rallied 2.25% today and lead markets higher.

The S&P 500 finished the day 0.5% higher, the Dow 0.4% higher, and the Nasdaq 0.9% higher.

Here's what our experts - Chris Johnson and Tom Gentile - saw throughout the day, including some of their favorite stocks to trade now...


The Blatant "Border Tax" Threat Donald Trump Gave to Businesses Today

Just this morning, President Trump issued a blatant "border tax" warning to several industry CEOs on the dangers of moving their companies' production units overseas.

"[The U.S. government is] going to be imposing a very major border tax on the product when it comes in," the new POTUS said.

Here's the precise percentage sum Trump is looking to slap on those imported U.S. goods...