US STOCKS SNAPSHOT-Wall Street jumps after U.S. to delay some China tariffs

U.S. stocks turned sharply higher on Tuesday after the U.S. Trade Representative said additional tariffs on some Chinese goods, including cell phones and laptops, will be delayed to Dec. 15.

At 9:51 a.m. ET, the Dow Jones Industrial Average was up 349.01 points, or 1.35%, at 26,246.72, and the S&P 500 was up 39.53 points, or 1.37%, at 2,922.62.

The Nasdaq Composite was up 135.74 points, or 1.73%, at 7,999.15.