Furniture retailers rise as US, China reach tariff deal

Shares of U.S. furniture retailers with exposure to China rise as both countries agree to temporarily pause tariffs for 90 days

The world's two biggest economies said tariffs would drop sharply with U.S. to cut tariffs on China to 30% from previous 145% and Chinese duties to fall to 10% from prior 125%

Wayfair W.N jumps 19.4%, Williams-Sonoma WSM.N adds almost 10%, RH rises 16.6%

Home Depot HD.N up 4.4%, Lowe's LOW.N rises almost 4.9%

As of last close, W fell 26% YTD, WSM lost 13.4%, RH declined almost 34%, HD and LOW were down 6.8% and 9.9%, respectively