Updates shares
** 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
(Reporting by Twesha Dikshit)
((Twesha.Dikshit@thomsonreuters.com))
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