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The Dow surges more than 500 points after the US postpones China tariffs
  • All three major US stock indexes rose on Monday after the Trump Administration said it would exempt some Chinese imports from tariffs scheduled to take effect in September. 
  • The US Trade Representative also said duties on other products, including cell phones, laptops, and some clothing items, would be postponed until December 15. 
  • Shares of Apple jumped as much as 6% on the news. The company's iPhone was poised to get hit by the 10% tariff.
  • Visit the Markets Insider homepage for more stories.

  • The S&P 500 rose 1.66%, to 2,930.84.
  • The Dow Jones Industrial Average climbed 1.65%, to 26,321.35. The index rose as much as 529 points at its intraday high.
  • The Nasdaq Composite jumped 1.99% to 8,020.22.
  • Best Buy: 8.2%
  • Dollar Tree: 5.6%
  • Kohls: 5.6%
  • Hasbro: 5.3%
  • PVH: 5.1%

Full "The Business Insider: The Money Game" article

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