NEW YORK (AP) — The latest on developments in financial markets (all times local):
Stocks tore higher on Wall Street after the latest turn in the U.S.-China trade war flipped investors back to buying mode.
Major indexes rose sharply Tuesday after the U.S. government said it would hold off on tariffs of Chinese imports of mobile phones, toys and several other items on holiday shopping lists until December 15.
The news sent the stocks of U.S. companies that make electronics, shoes and toys sharply higher. Apple jumped 4.1%, Mattel jumped 3.6% and Steve Madden rose 4.2%.