Finance

Apple, Nike, Micron, JD.com & more

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Traders work on the floor at the New York Stock Exchange.

Eduardo Munoz | Reuters

Check out the companies making headlines midday on Tuesday:

Apple — Shares of iPhone and Macbook maker Apple rose more than 4% after the United States Trade Representative office said tariffs on cellphones and laptops will be delayed until December. The duties had been set to go into effect on Sept. 1.

Retailers— Shares of retailers were lifted by news from the USTR that tariffs on certain clothing and shoes products would also be delayed until December. Trump said Tuesday his decision to delay tariffs ahead of the Christmas season was to avoid an impact on holiday shopping. Shares of Nike rose 1.7%, Target



Source cnbc.com

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