The Dow Jones Industrial Average rose 372.54 points, or 1.44%, to 26, 279.91, the S&P 500 gained 42.48 points, or 1.47%, to 2, 926.23 and the Nasdaq Composite added 152.95 points, or 1.95%, to 8, 016.36. All of the 11 major sectors in the S&P 500 closed in the black, with technology and consumer discretionary seeing the biggest percentage gains.
NEW YORK: U.S. stocks closed higher on Tuesday after an announced delay of planned tariffs on some Chinese imports brought buyers back to the equities market in a broad-based rally.
Tech stocks, headed up by Apple Inc, led all three major U.S. indexes into the black following the announcement, which calmed fears over the U.S.-China trade war and growing signs of imminent recession.
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