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Stocks end sharply higher after Trump delays some China tariffs

William L. Watts

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 ended around 382 points higher, up 1.5%, near 26,280, according to preliminary figures, while the S&P 500 finished with a gain of around 43 points, or 1.5%, near 2,926. The Nasdaq Composite advanced around 153 points to close near 8,016, a rise of 1.9%. Shares of iPhone maker Apple Inc. led the Dow higher with a 4.2% rise.