Wall St gains

The escalating trade dispute between the two countries, with the United States and China imposing tariffs on $34 billion of each other's goods earlier this month, has weighed heavily on the equity markets. The likelihood of a respite in the tensions boosted the markets on Tuesday, with nine of the 11 major S&P sectors higher 

US stocks rose on Tuesday as technology stocks rebounded and a report said the United States and China were trying to restart negotiations to defuse a trade war between world's two largest economies. 
The S&P index recorded nine new 52-week highs and one new low, while the Nasdaq recorded 13 new highs and 36 new lows.