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Wall Street higher as China president's remarks calm trade-war fears

Reuters  |  NEW YORK 

By April JoynerNEW YORK (Reuters) - U.S. stocks were higher on Tuesday as investor concerns about rising U.S.-China trade tension eased after Chinese President Xi Jinping promised to cut import tariffs.The technology sector , which would be particularly exposed to a negative impact from tense trade relations with China, provided the biggest boost to the S&P.Xi said China will widen market access for foreign investors, a point of contention for U.S. President Donald Trump's administration.His comments buoyed global markets, which have been under pressure as China and the United States ...

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First Published: Wed, April 11 2018. 00:49 IST