Stocks end sharply higher after Trump delays some China tariffs

Stocks ended sharply higher Tuesday, bouncing back from early losses after the Trump administration said it would delay until mid-December tariffs that had been set to take effect Sept. 1 on a number of imports from China, including smartphones and laptops. The Dow Jones Industrial Average DJIA, +1.44% ended around 382 points higher, up 1.5%, near 26,280, according to preliminary figures, while the S&P 500 SPX, +1.48% finished with a gain of around 43 points, or 1.5%, near 2,926. The Nasdaq Composite COMP, +1.95% advanced around 153 points to close near 8,016, a rise of 1.9%. Shares of iPhone maker Apple Inc. AAPL, +4.23% led the Dow higher with a 4.2% rise.

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