(Reuters) – U.S. stocks closed higher on Tuesday after an announced delay of planned tariffs on select Chinese imports brought buyers back to the equities market in a broad-based rally.

The Dow Jones Industrial Average .DJI rose 307.78 points, or 1.19%, to 26,215.15, the S&P 500 .SPX gained 38.81 points, or 1.35%, to 2,922.56 and the Nasdaq Composite .IXIC added 152.95 points, or 1.95%, to 8,016.36.