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Wall Street rises on easing China trade war fears


(Reuters) - U.S. stocks climbed on Tuesday as investor concerns about rising trade tensions between the United States and China eased after Chinese President Xi Jinping promised to cut import tariffs.The Dow Jones Industrial Average rose 428.76 points, or 1.79 percent, to 24,407.86, the S&P 500 gained 43.69 points, or 1.67 percent, to 2,656.85 and the Nasdaq Composite added 143.96 points, or 2.07 percent, to 7,094.30. (Reporting By April Joyner; Editing by Chizu Nomiyama)(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Wed, April 11 2018. 01:49 IST