US STOCKS-Wall St jumps 2 pct as China gains fuel global rally

martes 8 de septiembre de 2015 16:54 GYT
 

* China's imports shrink for 10th straight month

* Apple biggest boost to the S&P, Nasdaq ahead of unveiling new iPhone

* Fitbit rises after broker upgrade

* Indexes up: Dow 2.4 pct, S&P 2.5 pct, Nasdaq 2.7 pct (Updates to close)

By Caroline Valetkevitch

Sept 8 (Reuters) - U.S. stocks rose more than 2 percent on Tuesday, bouncing after steep losses last week and a China-fueled rebound in global equities.

Gains were broad-based and followed a three-day U.S. holiday weekend. All but one of the 10 major S&P sectors ended with gains of more than 2 percent.

Hopes for more stimulus measures from the Chinese government increased after data on Tuesday showed that China's imports shrank far more than expected in August, falling for the 10th straight month.

Chinese stocks surged in a late rally, sparking a rebound in global equities. Late on Monday, China said it would remove a tax on dividend incomes for investors who hold stocks for more than a year in an effort to encourage longer-term investment.   Continuación...