US STOCKS-Wall St follows world markets higher after holiday weekend

martes 8 de septiembre de 2015 12:50 GYT

* China's imports shrink for 10th straight month

* Apple biggest boost to the S&P, Nasdaq

* Fitbit rises after broker upgrade

* Indexes up: Dow 1.90 pct, S&P 1.80 pct, Nasdaq 2.04 pct (Updates to early afternoon)

By Tanya Agrawal

Sept 8 (Reuters) - U.S. stocks were higher in early afternoon trading on Tuesday as investors returned from a holiday weekend after a late rally by Chinese shares lifted global markets.

Chinese stocks rose nearly 3 percent on Tuesday as a surge in late-afternoon buying helped erase early losses. China said late on Monday it would remove tax on dividend incomes for investors who hold stocks for more than a year in an effort to encourage longer-term investment.

Data on Tuesday showed that China's imports shrank far more than expected in August, falling for the 10th straight month, bolstering hopes of more stimulus measures from the Chinese government.

"Today's rally is a bit of a catch-up after we saw global markets do well on Sunday night and Monday morning," said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago.   Continuación...