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U.S. equity markets rallied on Monday despite a surge in global COVID-19 cases and as New York City began Phase 2 of its reopening plan. The Nasdaq turned in its 20th record close of the year powered by fresh records in Apple, Amazon and Microsoft. Intel also rose even though Apple announced plans to use its own chips in Macs. The Dow Jones Industrial Average gained over 152 points or 0.59 percent, while the S&P 500 rose 0.66 percent. The World Health Organization announced more than 183,000 new cases of the novel coronavirus on Sunday, the biggest single-day total since the outbreak began. The U.S. on Saturday recorded 31,963 new cases, its largest one-day new case count since May 1. While the number of new cases has been rising, the number of deaths and hospitalizations have not yet seen spikes of similar magnitudes. Go to the link in our bio for more on this story.