Stock market turns higher in early Tuesday trade as Wall Street attempts to halt multiday skid
U.S. stocks on Tuesday pivoted decidedly higher from an early slide out of the gate after the USTR said an increase in tariffs on some goods from China would be delayed. The U.S. Trade Representative cited "health, safety, national security" reasons for the delays, according to CNBC. In addition, according to Bloomberg, China's Liu He has spoken with U.S.
Trade tensions have been at the center of anxieties on Wall Street, with investors fearing that a prolonged and intensifying dispute would threaten the health of the global economy. The Dow Jones Industrial Average DJIA, +1.53% traded 411 points, or 1.6%, higher at 26,309, after tumbling more than 390 points on Monday. The S&P 500 index SPX, +1.47% rose 1.6% to 2,928, while the Nasdaq Composite Index COMP, +2.00% surged 2.1% to 8,031. On Sept.
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