Wall St. rises on U.S. delay of some Chinese import tariffs

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Traders work on the floor at the New York Stock Exchange (NYSE) in New York
FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., August 12, 2019. REUTERS/Eduardo Munoz

August 13, 2019

(Reuters) – U.S. stocks closed higher on Tuesday after an announced delay of planned tariffs on select Chinese imports brought buyers back to the equities market in a broad-based rally.

The Dow Jones Industrial Average <.DJI> rose 307.78 points, or 1.19%, to 26,215.15, the S&P 500 <.SPX> gained 38.81 points, or 1.35%, to 2,922.56 and the Nasdaq Composite <.IXIC> added 152.95 points, or 1.95%, to 8,016.36.

(Reporting by Sinéad Carew; Editing by Sandra Maler)

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