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 .DJI rose 428.76 points, or 1.79 percent, to 24,407.86, the SP 500 .SPX gained 43.69 points, or 1.67 percent, to 2,656.85 and the Nasdaq Composite .IXIC added 143.96 points, or 2.07 percent, to 7,094.30.

Reporting By April Joyner; Editing by Chizu Nomiyama

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