U.S. stocks on Tuesday pivoted decidedly higher from an early slide out of the gate after the USTR said an increase in tariffs on some goods from China would be delayed. The U.S. Trade Representative cited “health, safety, national security” reasons for the delays, according to CNBC. In addition, according to Bloomberg, China’s Liu He has spoken with U.S. trade negotiators Robert Lighthizer and Treasury Secretary Steven Mnuchin and the the parties are expected to meet again in coming weeks, raising hope that new talks will continue toward a tariff resolution. Trade tensions have been at the center of anxieties on Wall Street, with investors fearing that a prolonged and intensifying dispute would threaten the health of the global economy. The Dow Jones Industrial Average DJIA, +1.53% traded 411 points, or 1.6%, higher at 26,309, after tumbling more than 390 points on Monday. The S&P 500 index SPX, +1.48% rose 1.6% to 2,928, while the Nasdaq Composite Index COMP, +1.97% surged 2.1% to 8,031. On Sept. 1, additional tariffs on some $300 million were expected to be placed on China imports, including consumer items like cell phones and shoes. However, tariffs on consumer products will be delayed until mid-December as US and Chinese officials are expected to continue trade talks.